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Ruifeng Power Reports Strong Financial Growth in 2024

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Ruifeng Power Reports Strong Financial Growth in 2024

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Ruifeng Power Group Co., Ltd. ( (HK:2025) ) has shared an update.

Ruifeng Power Group Co., Ltd. reported a significant increase in its financial performance for the year ended December 31, 2024. The company’s revenue rose by 33.2% to RMB 956,853,000, and its profit attributable to equity shareholders increased by 71.5% to RMB 19,320,000. Despite a slight decrease in gross profit margin, the net profit margin improved to 2.0%. The board has proposed a final dividend of 2.0 HK cents per share, subject to shareholder approval, reflecting the company’s commitment to returning value to its shareholders.

More about Ruifeng Power Group Co., Ltd.

Ruifeng Power Group Co., Ltd. is a company incorporated in the Cayman Islands, operating in the power industry. The company focuses on providing power-related products and services, catering to a diverse market.

YTD Price Performance: -27.36%

Average Trading Volume: 383,694

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.85B

For a thorough assessment of 2025 stock, go to TipRanks’ Stock Analysis page.

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