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Solis Holdings Reports 2024 Financial Results with Increased Revenue and Profit

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Solis Holdings Reports 2024 Financial Results with Increased Revenue and Profit

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Solis Holdings Ltd. ( (HK:2227) ) has provided an announcement.

Solis Holdings Limited reported its annual financial results for the year ended December 31, 2024. The company experienced a revenue increase of approximately 5.9% to S$19.9 million, while gross profit decreased by 38.7% to S$1.9 million. Despite this, the company turned a profit of S$0.8 million, compared to a loss of S$7,000 in the previous year. The board did not recommend a final dividend for the year. The comprehensive income for the year was S$2.357 million, reflecting gains in various financial assets and revaluation surpluses.

More about Solis Holdings Ltd.

YTD Price Performance: -2.50%

Average Trading Volume: 3,003,111

Technical Sentiment Signal: Buy

Current Market Cap: HK$71.42M

For detailed information about 2227 stock, go to TipRanks’ Stock Analysis page.

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