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Renheng Enterprise Holdings Limited Reports Decline in 2024 Revenue and Profit

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Renheng Enterprise Holdings Limited Reports Decline in 2024 Revenue and Profit

Elevate Your Investing Strategy:

Renheng Enterprise Holdings Limited ( (HK:3628) ) has shared an update.

Renheng Enterprise Holdings Limited reported a decline in revenue and profit for the year ended December 31, 2024, with revenue decreasing by 7.7% to HK$114,896,000 and profit attributable to shareholders dropping to HK$7,035,000 from HK$13,558,000 in 2023. Despite the decrease in gross profit margin from 36.7% to 33.5%, the company managed to achieve a total comprehensive income of HK$4,625,000, compared to a comprehensive expense in the previous year. The board has decided not to recommend a final dividend for the year.

More about Renheng Enterprise Holdings Limited

YTD Price Performance: -8.33%

Average Trading Volume: 120,063

Technical Sentiment Signal: Buy

Current Market Cap: HK$88.44M

See more insights into 3628 stock on TipRanks’ Stock Analysis page.

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