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Luxxu Group Ltd. ( (HK:1327) ) just unveiled an announcement.
Luxxu Group Limited reported its annual financial results for the year ended December 31, 2024, showing a decrease in revenue by 7.3% to approximately RMB29.4 million compared to the previous year. Despite the revenue decline, the company achieved a significant increase in gross profit by 124% to RMB12.4 million. However, the company faced a net loss of approximately RMB52.0 million, an increase from the previous year’s loss of RMB39.5 million. The board did not propose any dividend for the year.
More about Luxxu Group Ltd.
YTD Price Performance: -55.29%
Average Trading Volume: 56,295
Technical Sentiment Signal: Buy
Current Market Cap: HK$32.78M
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