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Kinergy Corporation Ltd. ( (HK:3302) ) just unveiled an announcement.
Kinergy Corporation Ltd. announced its annual financial results for the year ending December 31, 2024, reporting a 7.1% increase in revenue to S$99,043,000 compared to the previous year. Despite the revenue growth, the company experienced a significant decline in profitability, with a gross profit decrease of 10% and an increased loss for the year of S$3,647,000, highlighting challenges in managing costs and operational efficiency.
More about Kinergy Corporation Ltd.
Kinergy Corporation Ltd., incorporated in Singapore, operates in the technology sector, focusing on providing advanced manufacturing solutions and services. The company is listed on the Hong Kong Stock Exchange under the stock code 3302.
YTD Price Performance: 2.31%
Average Trading Volume: 1,556,711
Technical Sentiment Signal: Hold
Current Market Cap: HK$122.4M
Learn more about 3302 stock on TipRanks’ Stock Analysis page.