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The latest update is out from Kinetic Mines & Energy Ltd. ( (HK:1277) ).
Kinetic Development Group Limited reported a 19.2% increase in total revenue for the year ending December 31, 2024, reaching RMB 5,655.8 million, primarily driven by its coal mining segment. Despite the revenue growth, the company experienced a decline in gross profit margin and net profit margin, reflecting increased costs and expenses. The company declared and paid dividends, indicating a commitment to returning value to shareholders.
More about Kinetic Mines & Energy Ltd.
Kinetic Development Group Limited operates in the coal mining industry, focusing on the extraction and sale of coal. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -3.10%
Average Trading Volume: 8,430,192
Technical Sentiment Signal: Sell
Current Market Cap: HK$10.54B
See more data about 1277 stock on TipRanks’ Stock Analysis page.
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