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The latest announcement is out from Luzhou Xinglu Water (Group) Co., Ltd. Class H ( (HK:2281) ).
Luzhou Xinglu Water (Group) Co., Ltd. announced its annual results for the year ended December 31, 2024, reporting a revenue increase of approximately 3.4% to RMB1,330.3 million compared to 2023. However, the company experienced a net profit decrease of approximately 15.2% to RMB189.9 million. The board proposed a final dividend of RMB0.04 per share, amounting to a total of approximately RMB34.39 million, subject to shareholder approval. This financial performance reflects a challenging year with decreased profitability despite revenue growth, impacting stakeholder returns and future financial strategies.
More about Luzhou Xinglu Water (Group) Co., Ltd. Class H
Luzhou Xinglu Water (Group) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. The company operates in the water industry, focusing on providing water-related services and products. It is listed on the Stock Exchange of Hong Kong Limited under the stock code 2281.
YTD Price Performance: 6.67%
Average Trading Volume: 420,931
Technical Sentiment Signal: Sell
Current Market Cap: HK$550.2M
For a thorough assessment of 2281 stock, go to TipRanks’ Stock Analysis page.