Shenzhen Pagoda Reports Financial Decline for 2024

Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H ( (HK:2411) ) has provided an update.

Shenzhen Pagoda Industrial (Group) Corp. Ltd. reported a decline in financial performance for the year ended December 31, 2024, with a 9.8% decrease in revenue and a significant drop in gross profit by 41.9%. The company experienced a loss before income tax of RMB 391,493,000, compared to a profit in the previous year. The number of franchised stores decreased, impacting the overall sales. Despite the financial downturn, the company proposed a final dividend of RMB0.0065 per share, reflecting its commitment to shareholders.

More about Shenzhen Pagoda Industrial (Group) Corp. Ltd. Class H

Shenzhen Pagoda Industrial (Group) Corp. Ltd. is a company based in China, primarily engaged in the sale of fruits and other food products. The majority of its revenue is generated through its extensive offline store network, which includes franchised and self-operated stores. The company also earns revenue from royalty and franchising income, membership income, and other sources.

YTD Price Performance: -35.46%

Average Trading Volume: 9,168,344

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.34B

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