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Solomon Systech (International) Ltd. ( (HK:2878) ) has provided an announcement.
Solomon Systech (International) Ltd. reported a 25.9% decrease in revenue to US$113.4 million for the year ended December 31, 2024. Despite a rise in gross margin to 33.5%, the profit attributable to the owners fell by 47.9% to US$10.1 million, leading the Board to decide against declaring a final dividend for the year.
More about Solomon Systech (International) Ltd.
Solomon Systech (International) Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the semiconductor industry. The company focuses on providing integrated circuit solutions, which are crucial for various electronic applications.
YTD Price Performance: 2.00%
Average Trading Volume: 9,593
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €159.1M
Find detailed analytics on 2878 stock on TipRanks’ Stock Analysis page.