tiprankstipranks
Trending News
More News >

Jiahua Stores Reports Increased Revenue but Faces Financial Losses in 2024

Story Highlights
Jiahua Stores Reports Increased Revenue but Faces Financial Losses in 2024

Confident Investing Starts Here:

JiaHua Stores Holdings Limited ( (HK:0602) ) has issued an announcement.

Jiahua Stores Holdings Limited reported a 7% increase in revenue to approximately RMB378.9 million for the year ending December 31, 2024. Despite the revenue growth, the company experienced a significant decrease in gross profit by 15.7% and recorded a loss of RMB55.7 million attributable to its owners. The company did not recommend a final dividend, indicating financial challenges that may impact its market positioning and stakeholder confidence.

More about JiaHua Stores Holdings Limited

Jiahua Stores Holdings Limited is a company incorporated in the Cayman Islands, operating in the retail industry. The company focuses on the sale of goods, with its operations primarily centered around the Chinese market.

YTD Price Performance: -12.50%

Average Trading Volume: 2,540,220

Technical Sentiment Signal: Hold

Current Market Cap: HK$36.31M

See more data about 0602 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1