Imperium Technology Group Reports 2024 Financial Results: Revenue Decline but Improved Profit Margins

An update from Imperium Technology Group Limited ( (HK:0776) ) is now available.

Imperium Technology Group Limited announced its annual results for the year ended December 31, 2024, reporting a significant decrease in revenue by approximately 29% to HK$51,510,000 compared to the previous year. Despite the drop in revenue, the company achieved a gross profit increase of 90.7%, amounting to HK$20,293,000, and reduced its loss attributable to owners by 66.2% to HK$43,195,000. These results indicate improved operational efficiency and cost management, although the company still faces challenges in reversing its overall financial losses.

More about Imperium Technology Group Limited

Imperium Technology Group Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Stock Exchange of Hong Kong under the stock code 0776. The company is involved in various technological ventures, although specific industry details and market focus are not provided in the announcement.

YTD Price Performance: -57.55%

Average Trading Volume: 393,604

Technical Sentiment Signal: Buy

Current Market Cap: HK$671.8M

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