Shougang Concord Century Holdings Reports 2024 Financial Results

Shougang Concord Century Holding Ltd. ( (HK:0103) ) has issued an announcement.

Shougang Concord Century Holdings Limited announced its audited consolidated results for the year ending December 31, 2024. The company reported a decrease in revenue and gross profit compared to the previous year, with revenue at HK$2,396,950,000 and gross profit at HK$325,569,000. Despite a challenging year, the company managed to maintain profitability with a net profit of HK$31,647,000. The total comprehensive income for the year showed a loss of HK$13,099,000, attributed mainly to exchange differences and revaluation losses. These results indicate a challenging market environment impacting the company’s financial performance.

More about Shougang Concord Century Holding Ltd.

Shougang Concord Century Holdings Limited, incorporated in Hong Kong, operates within the manufacturing sector. The company is known for its focus on producing and distributing steel products, serving various industries with a market focus on providing high-quality materials.

YTD Price Performance: 2.17%

Average Trading Volume: 146,666

Technical Sentiment Signal: Sell

Current Market Cap: €126.9M

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