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Tenfu (Cayman) Holdings Co ( (HK:6868) ) has provided an update.
Tenfu (Cayman) Holdings Co reported a significant decline in its financial performance for the year ended December 31, 2024. The company experienced a 9.9% decrease in revenue, a 14.3% drop in gross profit, and a 34.9% reduction in net profit compared to the previous year. This downturn has led to a decrease in basic earnings per share by 35% and a proposed final dividend reduction by 33.3%. These results indicate a challenging year for Tenfu, potentially impacting its market position and shareholder returns.
More about Tenfu (Cayman) Holdings Co
Tenfu (Cayman) Holdings Co is a company incorporated in the Cayman Islands, primarily engaged in the tea industry. It focuses on the production and distribution of tea products, serving a market that values traditional tea culture.
YTD Price Performance: -12.66%
Average Trading Volume: 22,456
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$3.8B
Find detailed analytics on 6868 stock on TipRanks’ Stock Analysis page.