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The latest update is out from Leoch International Technology Limited ( (HK:0842) ).
Leoch International Technology Limited announced its annual results for the year ending December 31, 2024, reporting a 19.7% increase in turnover to RMB 16,126.5 million and a 16.6% rise in gross profit to RMB 2,266.8 million. Despite these gains, the profit for the year slightly decreased by 0.8% to RMB 563.5 million, with earnings per share increasing to RMB 0.41. The company maintained its final dividend per share at 7.0 HK cents, reflecting stable shareholder returns. The results indicate a strong revenue growth but highlight challenges in maintaining profit margins, impacting the company’s financial positioning and stakeholder expectations.
More about Leoch International Technology Limited
Leoch International Technology Limited is a company incorporated in the Cayman Islands, operating within the technology sector. It focuses on the production and distribution of batteries and related products, serving a diverse range of markets.
YTD Price Performance: 65.16%
Average Trading Volume: 4,879,872
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.57B
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