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Justin Allen Holdings Reports Stable 2024 Financial Results Amid Revenue Dip

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Justin Allen Holdings Reports Stable 2024 Financial Results Amid Revenue Dip

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Justin Allen Holdings Limited ( (HK:1425) ) has provided an announcement.

Justin Allen Holdings Limited announced its audited consolidated annual results for the year ended December 31, 2024. The company reported a slight decrease in revenue to HK$1,067,830,000 from HK$1,114,213,000 in 2023, with a corresponding drop in gross profit. Despite the decrease, the company achieved a profit for the year of HK$170,373,000, down from HK$177,131,000 in the previous year. The total comprehensive income for the year was HK$164,618,000, reflecting exchange differences from foreign operations. The announcement indicates a stable financial performance amidst challenging market conditions, with implications for stakeholders regarding the company’s resilience and ongoing profitability.

More about Justin Allen Holdings Limited

Justin Allen Holdings Limited is a company incorporated in the Cayman Islands with limited liability. It operates in the industry of diversified holdings, though specific primary products or services are not detailed in the announcement.

YTD Price Performance: 10.14%

Average Trading Volume: 2,256,854

Technical Sentiment Signal: Sell

Current Market Cap: HK$950M

For a thorough assessment of 1425 stock, go to TipRanks’ Stock Analysis page.

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