Shanghai Conant Optical Reports Strong Financial Growth in 2024

Shanghai Conant Optical Co. Ltd. Class H ( (HK:2276) ) just unveiled an announcement.

Shanghai Conant Optical Co., Ltd. reported a significant financial performance for the year ending December 31, 2024, with a 17.1% increase in revenue to approximately RMB2,060.8 million compared to the previous year. The company’s gross profit rose by 20.8%, and profit attributable to owners increased by 31.0%, reaching RMB428.3 million. Earnings per share also saw a substantial rise of 33.8%. The company achieved a total sales volume of 178 million pieces, marking a 12.1% increase from 2023. The Board has proposed a final dividend of RMB0.16 per share, culminating in a total dividend payout of RMB128.5 million for the year.

More about Shanghai Conant Optical Co. Ltd. Class H

Shanghai Conant Optical Co., Ltd. is a joint stock company incorporated in China, operating in the optical industry. The company specializes in the production and distribution of optical products, with a focus on expanding its market presence and increasing product sales volume.

YTD Price Performance: 10.44%

Average Trading Volume: 2,778,339

Technical Sentiment Signal: Hold

Current Market Cap: HK$13.2B

For an in-depth examination of 2276 stock, go to TipRanks’ Stock Analysis page.