Huabao International Holdings ( (HK:0336) ) has issued an announcement.
Huabao International Holdings Limited has announced its audited annual results for the year ended December 31, 2024. The company reported a slight increase in revenue by 2.0% to RMB 3,373,265,000 compared to the previous year. However, the company experienced a significant downturn in profitability, with a gross profit decrease of 1.9% and an operating loss of RMB 401,946,000 compared to a profit in the previous year. The financial results reflect challenges in maintaining profit margins and highlight substantial impairments, including goodwill and financial assets, impacting the company’s financial health and stakeholder interests.
More about Huabao International Holdings
Huabao International Holdings Limited is a company incorporated in Bermuda, focusing on the production and distribution of flavors and fragrances. It operates in the consumer goods industry, primarily serving markets that require flavor and fragrance solutions.
YTD Price Performance: 21.54%
Average Trading Volume: 100
Technical Sentiment Signal: Sell
Current Market Cap: $1.04B
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