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Huitongda Network Reports Strong 2024 Results with Strategic Business Shift

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Huitongda Network Reports Strong 2024 Results with Strategic Business Shift

Confident Investing Starts Here:

Huitongda Network Co., Ltd. Class H ( (HK:9878) ) has shared an announcement.

Huitongda Network Co., Ltd. announced its audited consolidated results for 2024, reporting significant growth in profitability and a strategic shift towards high-margin businesses. The company achieved an operating revenue of RMB60.059 billion and a net profit of RMB462 million, driven by strategic upgrades, business structure optimization, and enhanced digitalization capabilities, laying a foundation for future high-quality development.

More about Huitongda Network Co., Ltd. Class H

Huitongda Network Co., Ltd. operates in the digital technology and supply chain industry, focusing on empowering rural family-run businesses in lower-tier markets. The company emphasizes improving business quality and depth, leveraging digital technology to enhance supply chain capabilities.

YTD Price Performance: -21.37%

Average Trading Volume: 2,103,839

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.36B

For detailed information about 9878 stock, go to TipRanks’ Stock Analysis page.

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