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International Business Digital Technology Limited Reports 2024 Financial Results

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International Business Digital Technology Limited Reports 2024 Financial Results

Confident Investing Starts Here:

An update from Vixtel Technologies Holdings Ltd. ( (HK:1782) ) is now available.

International Business Digital Technology Limited reported a decrease in revenue to approximately RMB104,023,000 for the year ended December 31, 2024, marking a 13.5% decline from the previous year. The company also experienced an increased loss attributable to owners, amounting to approximately RMB75,068,000, compared to RMB47,155,000 in 2023. The board does not recommend a final dividend for the year 2024, consistent with the previous year. The financial results indicate challenges in maintaining profitability, with increased administrative expenses and a significant loss before tax, impacting the company’s financial health and stakeholder interests.

More about Vixtel Technologies Holdings Ltd.

YTD Price Performance: 31.60%

Average Trading Volume: 723,715

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.04B

See more insights into 1782 stock on TipRanks’ Stock Analysis page.

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