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Sun.King Technology Reports Robust 2024 Financial Growth

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Sun.King Technology Reports Robust 2024 Financial Growth

Confident Investing Starts Here:

Sun.King Technology Group Limited ( (HK:0580) ) just unveiled an announcement.

Sun.King Technology Group Limited has announced its audited annual results for the year ended December 31, 2024, reporting a significant revenue increase of approximately 52.7% to RMB1,610.2 million. The company also saw a rise in gross profit by 55.2% to RMB520.7 million, with a slight improvement in gross profit margin from 31.8% to 32.3%. Profit attributable to owners of the parent was RMB102.5 million, reflecting a strong financial performance. These results indicate a robust growth trajectory for the company, potentially enhancing its market position and providing positive implications for stakeholders.

More about Sun.King Technology Group Limited

Sun.King Technology Group Limited operates in the technology sector, focusing on providing innovative solutions and services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -8.33%

Average Trading Volume: 2,080,323

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$2.12B

Find detailed analytics on 0580 stock on TipRanks’ Stock Analysis page.

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