tiprankstipranks
Trending News
More News >

Honworld Group Ltd. Reports Revenue Growth Amidst Continued Losses for 2024

Story Highlights
Honworld Group Ltd. Reports Revenue Growth Amidst Continued Losses for 2024

Confident Investing Starts Here:

The latest update is out from Honworld Group Ltd. ( (HK:2226) ).

Honworld Group Ltd. reported a revenue increase of 6.3% to RMB275.1 million for the year ended December 31, 2024, compared to the previous year. Despite the revenue growth, the company experienced a decrease in gross profit and a significant loss attributable to ordinary equity holders amounting to RMB516.6 million. The board decided not to recommend a final dividend for the year, reflecting ongoing financial challenges.

More about Honworld Group Ltd.

Honworld Group Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 2226. The company is involved in the production and sale of its primary products, though specific industry details are not provided in the announcement.

Average Trading Volume: 79,539

Technical Sentiment Signal: Buy

Current Market Cap: HK$347.3M

For a thorough assessment of 2226 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1