Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Hengxin Technology Ltd. ( (HK:1085) ).
Hengxin Technology Ltd. reported a revenue increase of approximately 11.7% to RMB2,520.0 million for the year ended 31 December 2024. Despite this growth, the company’s net profit attributable to equity shareholders decreased by 39.5% to RMB42.2 million, and no final dividend was recommended. The gross profit margin slightly decreased, and the basic earnings per share stood at RMB0.097. These results indicate a challenging year for the company, with increased costs and expenses impacting profitability, which may affect stakeholder confidence and future strategic decisions.
More about Hengxin Technology Ltd.
Hengxin Technology Ltd., operating as HX Singapore Ltd. in Hong Kong, is incorporated in the Republic of Singapore. The company is involved in the technology industry, focusing on providing advanced technological solutions and services.
YTD Price Performance: 3.20%
Average Trading Volume: 168,964
Technical Sentiment Signal: Hold
Current Market Cap: HK$633.2M
See more data about 1085 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue