Lianlian DigiTech Co., Ltd. Class H ( (HK:2598) ) has issued an update.
Lianlian DigiTech Co., Ltd. announced its annual results for the year ended December 31, 2024, showing a significant improvement in financial performance compared to the previous year. The company reported a 27.9% increase in revenue and an 18.2% rise in gross profit. Despite a loss before income tax, the loss for the year decreased by 74.5%, indicating a positive trend in financial recovery. The total assets and equity of the company also increased, reflecting a strengthening financial position. These results suggest a potential positive impact on the company’s operations and market positioning, offering a more optimistic outlook for stakeholders.
More about Lianlian DigiTech Co., Ltd. Class H
Lianlian DigiTech Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the digital technology industry. The company focuses on providing digital financial services and technology solutions, catering primarily to the Chinese market.
YTD Price Performance: -6.64%
Average Trading Volume: 578,484
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$9.55B
See more insights into 2598 stock on TipRanks’ Stock Analysis page.