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Skyworth Digital Holdings ( (HK:0751) ) has shared an announcement.
Skyworth Group Limited announced its annual results for the year ended December 31, 2024, reporting a decrease in revenue and profit compared to the previous year. The company experienced a 5.8% decline in revenue to RMB 65,013 million and a 34.3% drop in profit to RMB 1,160 million. The board has decided not to distribute a final dividend for the year. These results indicate challenges in maintaining growth and profitability, which may impact the company’s market positioning and stakeholder confidence.
More about Skyworth Digital Holdings
Skyworth Group Limited is an investment holdings company primarily engaged in the manufacture and sales of smart TVs, home access systems, photovoltaic products, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, modern services, and trading of other products.
YTD Price Performance: -14.50%
Technical Sentiment Signal: Buy
Current Market Cap: $764.1M
For an in-depth examination of 0751 stock, go to TipRanks’ Stock Analysis page.