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

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

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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.

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