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Sinomax Group Ltd. ( (HK:1418) ) has shared an update.
Sinomax Group Limited reported a significant financial performance for the year ended December 31, 2024, with a 13.4% increase in revenue to approximately HK$4,091.1 million and a 102% rise in profit to HK$162.6 million. The company’s strong financial results reflect its effective cost management and strategic market positioning, which have positively impacted its profitability and stakeholder confidence.
More about Sinomax Group Ltd.
Sinomax Group Limited is a company incorporated under the laws of the Cayman Islands, primarily engaged in the production and distribution of polyurethane foam products. The company operates in the consumer goods industry, focusing on providing high-quality comfort products such as pillows, mattresses, and mattress toppers to a global market.
YTD Price Performance: 50.0%
Average Trading Volume: 632,942
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$647.5M
See more insights into 1418 stock on TipRanks’ Stock Analysis page.