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The latest announcement is out from Pu’er Lancang Ancient Tea Co., Ltd. ( (HK:6911) ).
Pu’er Lancang Ancient Tea Co., Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue dropping by 31.5% and a shift from profit to a substantial loss. The company’s gross profit also decreased by 46.8%, and it reported a loss attributable to owners of RMB307.5 million, highlighting a challenging year for the company and its stakeholders.
More about Pu’er Lancang Ancient Tea Co., Ltd.
Pu’er Lancang Ancient Tea Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the tea industry. The company is primarily focused on the production and distribution of ancient tea products.
Average Trading Volume: 4,800
Technical Sentiment Signal: Sell
Current Market Cap: HK$96.07M
See more insights into 6911 stock on TipRanks’ Stock Analysis page.