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Hingtex Holdings Ltd. ( (HK:1968) ) just unveiled an announcement.
Hingtex Holdings Ltd. reported a significant increase in total revenue by approximately 31.8% for the year ended December 31, 2024, reaching HK$214.7 million compared to the previous year. Despite the revenue growth, the company recorded a net loss of HK$35.0 million, a slight improvement from the HK$37.8 million loss in 2023, indicating ongoing financial challenges but a positive trend in reducing losses.
More about Hingtex Holdings Ltd.
Hingtex Holdings Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the textile industry. The company focuses on producing and distributing various textile products.
YTD Price Performance: -14.55%
Average Trading Volume: 660,930
Technical Sentiment Signal: Buy
Current Market Cap: HK$60.16M
For a thorough assessment of 1968 stock, go to TipRanks’ Stock Analysis page.