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Lvji Technology Reports Revenue Decline Amid Market Challenges

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Lvji Technology Reports Revenue Decline Amid Market Challenges

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An announcement from Lvji Technology Holdings, Inc. ( (HK:1745) ) is now available.

Lvji Technology Holdings Inc. reported a 10.3% decline in revenue for 2024, attributed to a sluggish consumer market and reduced travel activities in China. Despite the drop in profit from RMB145.2 million in 2023 to RMB81.9 million in 2024, the company increased its coverage of online tour guides and tourist attractions, indicating a strategic focus on expanding its service reach.

More about Lvji Technology Holdings, Inc.

Lvji Technology Holdings Inc. operates in the tourism industry, primarily providing online tour guide services. The company focuses on expanding its coverage of tourist attractions, particularly in China, to enhance its market presence.

YTD Price Performance: -16.22%

Average Trading Volume: 927,344

Technical Sentiment Signal: Buy

Current Market Cap: HK$523M

Find detailed analytics on 1745 stock on TipRanks’ Stock Analysis page.

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