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Roiserv Lifestyle Services Reports Revenue Growth Amidst Profit Decline in 2024

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Roiserv Lifestyle Services Reports Revenue Growth Amidst Profit Decline in 2024

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Roiserv Lifestyle Services Co. Ltd. Class H ( (HK:2146) ) has issued an announcement.

Roiserv Lifestyle Services Co., Ltd. reported a total revenue of approximately RMB1,956.9 million for the year ending December 31, 2024, marking a 6.8% increase from the previous year. Despite the revenue growth, the company experienced a decrease in gross profit and net profit by 9.0% and 11.2% respectively, with a gross profit margin of 21.2%. The company saw significant revenue growth in its commercial and urban services sectors, but a decline in peripheral services. The Board decided not to recommend a final dividend for the year, reflecting a cautious approach amidst the mixed financial performance.

More about Roiserv Lifestyle Services Co. Ltd. Class H

Roiserv Lifestyle Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on providing a range of services including community, commercial, and urban services. The company operates in the lifestyle services industry, catering to various market segments with a primary focus on enhancing the living and working environments of its clients.

YTD Price Performance: -15.08%

Average Trading Volume: 28,612

Technical Sentiment Signal: Hold

Current Market Cap: HK$142.9M

For detailed information about 2146 stock, go to TipRanks’ Stock Analysis page.

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