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Symphony Holdings Reports Financial Recovery in 2024

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Symphony Holdings Reports Financial Recovery in 2024

Confident Investing Starts Here:

An update from Symphony Holdings Limited ( (HK:1223) ) is now available.

Symphony Holdings Limited announced its financial results for the year ending December 31, 2024, showing a slight increase in revenue to approximately HKD307.6 million from the previous year. The company reported a significant improvement in earnings before interest, taxes, depreciation, and amortization, reversing a previous loss to achieve HKD45.6 million. The loss attributable to owners of the company decreased by 30.5% to approximately HKD143.1 million, indicating a positive trend in financial recovery. The board recommended maintaining a final dividend of HKD0.005 per share, reflecting stability in shareholder returns.

More about Symphony Holdings Limited

Symphony Holdings Limited is a company incorporated in Bermuda with limited liability, primarily engaged in various business sectors including retail and brand management. The company operates through its subsidiaries and focuses on enhancing its market position through strategic investments and partnerships.

YTD Price Performance: -1.23%

Average Trading Volume: 548,282

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.38B

Learn more about 1223 stock on TipRanks’ Stock Analysis page.

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