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The latest update is out from Man Yue Technology Holdings Ltd ( (HK:0894) ).
Man Yue Technology Holdings Ltd reported its financial results for the year ending December 31, 2024, showing a 9.6% increase in revenue to HK$1,611,568,000. Despite a decline in gross profit and EBITDA by 7.2% and 5.8% respectively, the company achieved a significant 91.8% increase in profit attributable to shareholders, amounting to HK$7,818,000. This growth in shareholder profit is reflected in the earnings per share, which rose by 90.7% to 1.64 HK cents. The results indicate a positive financial performance, suggesting an improvement in operational efficiency and potential for future growth, benefiting stakeholders.
More about Man Yue Technology Holdings Ltd
Man Yue Technology Holdings Ltd is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 00894. The company is involved in the technology sector, focusing on the production and distribution of electronic components and related products.
YTD Price Performance: 11.67%
Average Trading Volume: 306,423
Technical Sentiment Signal: Buy
Current Market Cap: HK$159.3M
See more insights into 0894 stock on TipRanks’ Stock Analysis page.