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Guangdong Tannery Limited ( (HK:1058) ) just unveiled an announcement.
Namyue Holdings Limited reported its annual results for 2024, highlighting a significant increase in subcontracted leather processing volume by 403.3%, despite a 14.1% decline in cowhide sales volume. The company’s revenue slightly decreased by 2.4%, and it managed to reduce its loss for the year by 49.2%. However, key financial ratios such as the current ratio and quick ratio deteriorated, and the debt to asset ratio increased, indicating financial challenges.
More about Guangdong Tannery Limited
Namyue Holdings Limited is a company incorporated in Hong Kong, primarily engaged in the leather processing industry. The company focuses on the sales of cowhides and subcontracted leather processing services.
YTD Price Performance: -6.25%
Average Trading Volume: 67,679
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$161.4M
For an in-depth examination of 1058 stock, go to TipRanks’ Stock Analysis page.