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Silkwave Inc Reports Mixed Financial Results for 2024

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Silkwave Inc Reports Mixed Financial Results for 2024

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CMMB Vision Holdings ( (HK:0471) ) has issued an update.

Silkwave Inc, listed on the Hong Kong Stock Exchange, reported its annual financial results for the year ending December 31, 2024. The company experienced a 12.9% decrease in revenue, while gross profit increased by 15.1%. Despite a significant reduction in net loss by 87.4% compared to the previous year, the company faced challenges with impairment losses on intangible assets and expected credit losses. The results indicate a mixed financial performance with improvements in operational gains but continued financial hurdles.

More about CMMB Vision Holdings

YTD Price Performance: 2.82%

Average Trading Volume: 229,504

Technical Sentiment Signal: Buy

Current Market Cap: HK$69.58M

For a thorough assessment of 0471 stock, go to TipRanks’ Stock Analysis page.

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