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Pentamaster Reports Decline in 2024 Financial Results

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Pentamaster Reports Decline in 2024 Financial Results

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Pentamaster International Limited ( (HK:1665) ) has issued an announcement.

Pentamaster International Limited announced its financial results for the year ending December 31, 2024, revealing a 10% decline in revenue to MYR622.4 million and a 24.7% drop in profit to MYR107.1 million compared to the previous year. The company also reported a decrease in cash and cash equivalents to MYR298.0 million and decided not to recommend any final dividend for the year, indicating a challenging financial period and potential implications for stakeholders.

More about Pentamaster International Limited

Pentamaster International Limited is a company incorporated in the Cayman Islands, operating in the technology industry. The company and its subsidiaries focus on providing automation solutions and services, primarily targeting the semiconductor and electronics sectors.

YTD Price Performance: -3.16%

Average Trading Volume: 5,861,622

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.21B

Find detailed analytics on 1665 stock on TipRanks’ Stock Analysis page.

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