Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
KangLi International Holdings Limited ( (HK:6890) ) has issued an announcement.
KangLi International Holdings Limited reported its audited consolidated results for the year ended 31 December 2024, showing a slight increase in revenue to RMB 1,944,411,000 from RMB 1,928,400,000 in 2023. The company achieved a gross profit of RMB 213,725,000, up from RMB 180,293,000, and a profit for the year of RMB 92,703,000, an improvement from RMB 77,446,000. The financial performance highlights include an increase in gross profit margin to 11.0% and net profit margin to 4.8%. These results indicate a positive impact on the company’s operations, reflecting improved profitability and efficiency, which could enhance its industry positioning and provide favorable implications for stakeholders.
More about KangLi International Holdings Limited
KangLi International Holdings Limited is a company incorporated in the Cayman Islands, operating in the manufacturing sector. The company is primarily involved in producing and distributing various products, with a focus on maintaining a strong market presence.
YTD Price Performance: 7.50%
Average Trading Volume: 66,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$260.7M
See more data about 6890 stock on TipRanks’ Stock Analysis page.