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Strawbear Entertainment Group Reports Strong Financial Turnaround in 2024

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Strawbear Entertainment Group Reports Strong Financial Turnaround in 2024

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Strawbear Entertainment Group ( (HK:2125) ) just unveiled an announcement.

Strawbear Entertainment Group reported significant financial improvements for the year ended December 31, 2024. The company achieved a revenue increase of 33.8% to approximately RMB1,124.5 million and a gross profit rise of 139.5% to approximately RMB151.5 million compared to the previous year. The company’s loss decreased by 97.2% to approximately RMB3.0 million, and it recorded an adjusted net profit of RMB12.2 million, marking a substantial turnaround from the adjusted net loss of RMB88.1 million in 2023. Despite these improvements, the Board decided not to recommend any dividend for the year.

More about Strawbear Entertainment Group

Strawbear Entertainment Group is a company incorporated in the Cayman Islands, operating in the entertainment industry. It is listed on The Stock Exchange of Hong Kong Limited under the stock code 2125.

YTD Price Performance: 5.88%

Average Trading Volume: 209,473

Technical Sentiment Signal: Hold

Current Market Cap: HK$381.3M

Find detailed analytics on 2125 stock on TipRanks’ Stock Analysis page.

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