Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Huazhang Technology Holding Ltd. ( (HK:1673) ) just unveiled an update.
Huazhang Technology Holding Limited reported its interim results for the six months ending December 31, 2024, showing a significant improvement in financial performance. The company achieved a 17.2% increase in revenue to RMB 195.6 million and a 45.9% rise in gross profit to RMB 40.6 million, resulting in a gross profit margin of 20.8%. Despite a net loss of RMB 6.8 million, this marks a substantial reduction from the previous year’s loss of RMB 18.7 million, reflecting a 63.5% improvement. The board decided not to declare an interim dividend for this period.
More about Huazhang Technology Holding Ltd.
Huazhang Technology Holding Limited is a company incorporated in the Cayman Islands, operating primarily in the technology sector. The company is listed on the Hong Kong Stock Exchange under the stock code 1673.
YTD Price Performance: -12.96%
Average Trading Volume: 193,280
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$375.1M
For an in-depth examination of 1673 stock, go to TipRanks’ Stock Analysis page.