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Sheng Yuan Holdings Reports Significant Turnaround in 2024 Financial Results

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Sheng Yuan Holdings Reports Significant Turnaround in 2024 Financial Results

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Sheng Yuan Holdings Limited ( (HK:0851) ) has shared an update.

Sheng Yuan Holdings Limited reported its annual results for the year ended 31 December 2024, showing a significant turnaround with a profit of HK$31.886 million compared to a loss of HK$27.768 million in the previous year. This improvement is attributed to increased revenue and other gains, alongside reduced finance costs and staff expenses, indicating a positive impact on the company’s financial health and potential for future growth.

More about Sheng Yuan Holdings Limited

Sheng Yuan Holdings Limited is a company incorporated in Bermuda with limited liability, and it operates through its subsidiaries. The company is listed on the Stock Exchange of Hong Kong and engages in various financial activities.

YTD Price Performance: 6.67%

Average Trading Volume: 5,325

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €22.89M

For a thorough assessment of 0851 stock, go to TipRanks’ Stock Analysis page.

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