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Moody Technology Holdings Limited ( (HK:1400) ) has issued an announcement.
Moody Technology Holdings Limited reported a decrease in total revenue from continuing operations to approximately RMB112.7 million in 2024, down from RMB126.7 million in 2023. The company’s gross profit also fell to RMB9.0 million from RMB14.9 million the previous year. Despite these declines, the total comprehensive loss attributable to owners significantly decreased to RMB90.3 million from RMB812.8 million in 2023. The company’s cash reserves also saw a reduction, with total bank and cash balances at RMB8.3 million at the end of 2024 compared to RMB17.4 million in 2023. The board did not propose a final dividend for the year.
More about Moody Technology Holdings Limited
Moody Technology Holdings Limited is a company incorporated in the Cayman Islands and continued in Bermuda with limited liability. It operates in the technology sector and is listed on the Hong Kong Stock Exchange under the stock code 1400.
YTD Price Performance: 30.77%
Average Trading Volume: 27,731,975
Technical Sentiment Signal: Buy
Current Market Cap: HK$64.63M
For detailed information about 1400 stock, go to TipRanks’ Stock Analysis page.