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Teamway International Group Holdings Limited ( (HK:1239) ) has provided an announcement.
Teamway International Group Holdings Limited announced its annual results for the year ending December 31, 2024, revealing a significant financial downturn. The company reported a revenue decrease from RMB 340,918,000 in 2023 to RMB 252,949,000 in 2024, alongside a gross loss of RMB 4,414,000 compared to a profit in the previous year. The results were impacted by impairments on property, plant, equipment, and receivables, leading to a total loss of RMB 108,075,000 for the year, which may affect stakeholders’ confidence and the company’s market position.
More about Teamway International Group Holdings Limited
Teamway International Group Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company and its subsidiaries focus on various business operations, though specific industries or market focuses are not detailed in the provided text.
YTD Price Performance: -18.75%
Average Trading Volume: 2,100,958
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$51.29M
Learn more about 1239 stock on TipRanks’ Stock Analysis page.