The latest update is out from Kuaishou Technology Class B ( (HK:1024) ).
Kuaishou Technology announced its audited consolidated results for the year ended December 31, 2024, showing significant financial growth. The company reported an 11.8% increase in revenues to RMB 126,898 million and a 137.7% rise in operating profit to RMB 15,287 million compared to the previous year. These results indicate strong operational performance and improved profitability, which could enhance Kuaishou’s market position and stakeholder confidence.
More about Kuaishou Technology Class B
Kuaishou Technology is a company incorporated in the Cayman Islands, operating with weighted voting rights. It is listed on the Hong Kong Stock Exchange and is known for its focus on technology and digital services, particularly in the social media and online video sharing industry.
YTD Price Performance: 42.44%
Average Trading Volume: 62,349,065
Technical Sentiment Signal: Sell
Current Market Cap: HK$255.4B
For detailed information about 1024 stock, go to TipRanks’ Stock Analysis page.