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The latest announcement is out from Shineroad International Holdings Limited ( (HK:1587) ).
Shineroad International Holdings Limited has announced a significant increase in its profit attributable to shareholders for the year ended 31 December 2024, expecting it to be no more than RMB44 million, which represents an approximate 110% increase compared to the previous year. This growth is attributed to a higher sales proportion of high-margin products, reduced labor, transportation, and warehousing costs, and a significant decrease in accounts receivable impairment. The company is still finalizing its results, and the actual audited results may differ from the preliminary assessment.
More about Shineroad International Holdings Limited
YTD Price Performance: 42.50%
Average Trading Volume: 185,800
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$387.6M
For an in-depth examination of 1587 stock, go to TipRanks’ Stock Analysis page.