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Sky Light Holdings Reports 2024 Financial Results with Reduced Losses

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Sky Light Holdings Reports 2024 Financial Results with Reduced Losses

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An update from Sky Light Holdings Limited ( (HK:3882) ) is now available.

Sky Light Holdings Limited announced its annual financial results for the year ended December 31, 2024, reporting a revenue decline of 3.8% from continuing operations compared to the previous year. Despite a slight improvement in gross profit margin, the company experienced a significant loss for the year, amounting to HK$86.6 million, which is a 33% reduction in loss compared to 2023. The loss from discontinued operations notably decreased by 74.5%, indicating strategic shifts within the company. These results reflect ongoing challenges in the company’s operations, with implications for stakeholders regarding its financial health and strategic direction.

More about Sky Light Holdings Limited

Sky Light Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 3882. The company and its subsidiaries are involved in various operations, although specific industry and market focus details are not provided in the announcement.

YTD Price Performance: -20.0%

Technical Sentiment Signal: Hold

Current Market Cap: €130.1M

For an in-depth examination of 3882 stock, go to TipRanks’ Stock Analysis page.

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