tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jujiang Construction Group Reports 2024 Annual Results with Increased Profit Amid Revenue Decline

Story Highlights
Jujiang Construction Group Reports 2024 Annual Results with Increased Profit Amid Revenue Decline

Elevate Your Investing Strategy:

Jujiang Construction Group Co., Ltd. Class H ( (HK:1459) ) has shared an announcement.

Jujiang Construction Group Co., Ltd. reported its annual results for the year ended December 31, 2024, showing a decline in revenue by 18.5% to RMB 6,780,685,000 compared to the previous year. Despite the decrease in revenue, the company achieved a 14.1% increase in profit for the year, reaching RMB 13,731,000, and improved its net profit margin to 0.20%. The board decided not to recommend a final dividend for the year, reflecting a cautious approach amid the financial results.

More about Jujiang Construction Group Co., Ltd. Class H

Jujiang Construction Group Co., Ltd. is a joint stock limited liability company established in the People’s Republic of China. The company operates in the construction industry, focusing on providing construction services and solutions.

YTD Price Performance: 10.29%

Average Trading Volume: 121,625

Technical Sentiment Signal: Buy

Current Market Cap: HK$200M

Find detailed analytics on 1459 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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