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Raymond Industrial Limited Reports 2024 Financial Results

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Raymond Industrial Limited Reports 2024 Financial Results

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An update from Raymond Industrial Limited ( (HK:0229) ) is now available.

Raymond Industrial Limited announced its audited financial results for the year ending December 31, 2024, reporting a decrease in revenue to HK$1,075,732,000 from HK$1,362,732,000 in 2023. The company’s profit attributable to shareholders also fell to HK$45,219,000 from HK$67,871,000 the previous year. Despite the decline in revenue and profit, the company achieved a revaluation gain from transferring property, plant, and equipment to investment properties, contributing to a total comprehensive income of HK$72,406,000, up from HK$62,768,000 in 2023.

More about Raymond Industrial Limited

Raymond Industrial Limited is a company incorporated in Hong Kong, operating with limited liability and listed on the Stock Exchange of Hong Kong. The company is involved in manufacturing, with a focus on producing and distributing a range of industrial products.

YTD Price Performance: -1.11%

Average Trading Volume: 81,761

Technical Sentiment Signal: Sell

Current Market Cap: HK$446.2M

See more insights into 0229 stock on TipRanks’ Stock Analysis page.

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