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Kafelaku Coffee Reports Revenue Decline and Loss for 2024

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Kafelaku Coffee Reports Revenue Decline and Loss for 2024

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Li Bao Ge Group Ltd. ( (HK:1869) ) has shared an announcement.

Kafelaku Coffee Holding Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue decreased by approximately 21.8% to HK$139.6 million, and it recorded a loss of HK$48.7 million compared to a profit of HK$8.0 million in the previous year. This downturn in financial results may impact the company’s operations and market positioning, raising concerns among stakeholders.

More about Li Bao Ge Group Ltd.

Kafelaku Coffee Holding Limited is a company incorporated in the Cayman Islands, operating in the coffee industry. It is listed on the Hong Kong Stock Exchange and provides coffee-related products and services.

Average Trading Volume: 394,204

Technical Sentiment Signal: Buy

Current Market Cap: HK$183.3M

Find detailed analytics on 1869 stock on TipRanks’ Stock Analysis page.

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