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Herbs Generation Group Reports 2024 Financial Results with Profit Decline

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Herbs Generation Group Reports 2024 Financial Results with Profit Decline

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Herbs Generation Group Holdings Limited Class H ( (HK:2593) ) just unveiled an update.

Herbs Generation Group Holdings Limited announced its annual results for the year ended December 31, 2024, showing a decrease in revenue by 2.3% to HK$245.5 million and a significant drop in profit and total comprehensive income by 67.2% to HK$13.0 million. Despite the decline in financial performance, the company reported a slight increase in gross profit margin and recommended a final dividend of HK15 cents per share, pending shareholder approval, indicating a commitment to returning value to its investors.

More about Herbs Generation Group Holdings Limited Class H

Herbs Generation Group Holdings Limited is a company incorporated in the Cayman Islands, operating in the herbal industry. The company focuses on the production and distribution of herbal products, catering to a market interested in natural and traditional remedies.

YTD Price Performance: -39.93%

Average Trading Volume: 612,178

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