TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An announcement from Milan Station Holdings Limited ( (HK:1150) ) is now available.
Milan Station Holdings Limited reported a significant decline in its financial performance for the year ended 31 December 2024, with revenue dropping by 35.2% to approximately HK$111.9 million and gross profit decreasing by 67% to HK$8.3 million compared to the previous year. Despite a reduction in selling expenses and a slight decrease in net loss, the company decided not to declare a final dividend, reflecting ongoing financial challenges and a need to stabilize its operations amidst a challenging market environment.
More about Milan Station Holdings Limited
Milan Station Holdings Limited is incorporated in the Cayman Islands and operates in the retail industry. The company is known for its focus on selling luxury goods, particularly second-hand luxury handbags and accessories, primarily targeting the Hong Kong market.
YTD Price Performance: -39.47%
Average Trading Volume: 378,205
Technical Sentiment Signal: Hold
Current Market Cap: HK$121.5M
For an in-depth examination of 1150 stock, go to TipRanks’ Stock Analysis page.