tiprankstipranks
Trending News
More News >

New World Department Store Reports Decline in Sales but Slight Profit Increase

Story Highlights
New World Department Store Reports Decline in Sales but Slight Profit Increase

Confident Investing Starts Here:

New World Department Store China Limited ( (HK:0825) ) has issued an update.

New World Department Store China Limited reported a decline in same-store sales by 15.9% for the six months ending December 2024, compared to a 3.3% growth in the previous year. Despite a decrease in revenue and operating profit, the company saw a slight increase in profit for the period, indicating a challenging retail environment but some resilience in profitability.

More about New World Department Store China Limited

New World Department Store China Limited operates in the retail industry, focusing on department store services in China. The company is involved in the sale of goods and rental income from its stores.

YTD Price Performance: -13.33%

Average Trading Volume: 3,099

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €55.88M

See more data about 0825 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1