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Tibet Water Resources ( (HK:1115) ) has provided an update.
Tibet Water Resources Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024, with a 28.2% drop in revenue and a 62.7% increase in losses attributable to owners. The company’s operating loss increased by 6.8%, and the loss per share rose by 44.0%. Despite a slight improvement in gross profit margin, the overall financial results indicate challenges in maintaining profitability, impacting stakeholders and the company’s market positioning.
More about Tibet Water Resources
Tibet Water Resources Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the water resources industry. The company focuses on the production and distribution of bottled water and related products, catering to a market that values natural and sustainable water sources.
YTD Price Performance: -5.71%
Average Trading Volume: 3,268,373
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.49B
For an in-depth examination of 1115 stock, go to TipRanks’ Stock Analysis page.