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Perennial International Reports Strong Financial Growth for 2024

Story Highlights
  • Perennial International Limited reported a significant profit increase to HK$25.8 million.
  • The company saw improved operational performance with increased revenue and gross profit.
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Perennial International Reports Strong Financial Growth for 2024

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Perennial International ( (HK:0725) ) has issued an update.

Perennial International Limited reported its audited consolidated financial results for the year ending December 31, 2024, showing a significant increase in profit attributable to shareholders, rising to HK$25.8 million from HK$15.7 million in the previous year. The company also experienced a rise in revenue and gross profit, indicating improved operational performance, which could positively impact its market positioning and stakeholder confidence.

More about Perennial International

Perennial International Limited is a company incorporated in Bermuda, operating within the industry of manufacturing and distribution. The company focuses on producing and supplying various products, although specific products or services are not detailed in the release.

YTD Price Performance: -8.33%

Average Trading Volume: 7,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$109.4M

For a thorough assessment of 0725 stock, go to TipRanks’ Stock Analysis page.

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