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Kwung’s Aroma Holdings Projects Significant Profit and Revenue Growth for 2024

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Kwung’s Aroma Holdings Projects Significant Profit and Revenue Growth for 2024

Kwung’s Holdings Limited ( (HK:1925) ) just unveiled an announcement.

Kwung’s Aroma Holdings Limited has announced a significant increase in its net profit and revenue for the year ended December 31, 2024. The net profit is expected to rise by approximately 93% to RMB118 million, while revenue is anticipated to grow by 24% to RMB1,003 million. This growth is attributed to several factors, including the gain from the disposal of a subsidiary, increased purchase orders from existing customers, acquisition of new customers, and favorable currency exchange rates. The final audited financial results may differ, and stakeholders are advised to refer to the upcoming annual results announcement for detailed information.

More about Kwung’s Holdings Limited

Kwung’s Aroma Holdings Limited is a company incorporated in the Cayman Islands, focusing on the aroma industry. It provides a range of aroma-related products and services, catering to both domestic and international markets.

YTD Price Performance: -1.56%

Average Trading Volume: 47,754

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$510.4M

For an in-depth examination of 1925 stock, go to TipRanks’ Stock Analysis page.

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