Huazhang Technology Reports Improved Interim Financial Results

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.