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Jiashili Group Ltd ( (HK:1285) ) has provided an announcement.
Jiashili Group Ltd announced its annual financial results for the year ended December 31, 2024, reporting a 6.9% increase in revenue compared to 2023. Despite this growth in revenue, the company experienced a decline in profit by 21%, attributed to increased selling, distribution, and administrative expenses. The company’s gross profit margin decreased slightly, and earnings per share also fell by 14.8%. The financial results indicate challenges in maintaining profitability despite revenue growth, which may impact stakeholders’ perceptions and the company’s strategic positioning in the market.
More about Jiashili Group Ltd
Jiashili Group Ltd is a company incorporated in the Cayman Islands, primarily engaged in the food industry. The company focuses on producing and distributing a variety of food products, with a market presence that extends across different regions.
YTD Price Performance: -15.65%
Average Trading Volume: 58,580
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$402.6M
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