Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Kingdom Holdings Limited ( (HK:0528) ) has shared an update.
Kingdom Holdings Limited reported a 5.2% increase in revenue for the year ending December 31, 2024, attributed to higher average selling prices. However, the company experienced a significant drop in gross profit margin due to high raw material costs, resulting in a loss of approximately RMB43.3 million compared to a profit in the previous year. The company also announced a reduced final dividend payment, reflecting the challenging financial year.
More about Kingdom Holdings Limited
Kingdom Holdings Limited, incorporated in the Cayman Islands and operating in Hong Kong as Kingdom (Cayman) Limited, is involved in the production and distribution of flax fiber and related products. The company is focused on the textile industry, leveraging its position to supply flax yarn and other fiber materials.
YTD Price Performance: -11.43%
Average Trading Volume: 8
Technical Sentiment Signal: Hold
Current Market Cap: €84.48M
See more data about 0528 stock on TipRanks’ Stock Analysis page.