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Shuoao International Holdings Reports Reduced Losses for 2024

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Shuoao International Holdings Reports Reduced Losses for 2024

Elevate Your Investing Strategy:

Hailiang International Holdings Limited ( (HK:2336) ) has provided an update.

Shuoao International Holdings Limited announced its audited consolidated annual results for the year ended December 31, 2024. The company reported a revenue increase to HK$182,756,000 from HK$137,164,000 in 2023, but still faced a net loss of HK$5,244,000, an improvement from the previous year’s loss of HK$12,766,000. The results indicate a reduction in losses, attributed to higher revenue and gross profit, despite increased selling and distribution expenses. The company also reported a total comprehensive expense of HK$9,187,000, reflecting foreign exchange losses.

More about Hailiang International Holdings Limited

YTD Price Performance: -15.00%

Average Trading Volume: 88,259

Technical Sentiment Signal: Buy

Current Market Cap: HK$154.4M

For an in-depth examination of 2336 stock, go to TipRanks’ Stock Analysis page.

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