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TK Group Reports Strong Financial Performance for 2024

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TK Group Reports Strong Financial Performance for 2024

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TK Group (Holdings) Ltd. ( (HK:2283) ) has issued an update.

TK Group (Holdings) Limited reported its audited consolidated results for the year ended December 31, 2024, showing a notable increase in revenue and profit compared to the previous year. The company’s revenue rose to HK$2,358,290,000, and profit for the year increased to HK$261,850,000, reflecting improved financial performance with a higher gross profit margin and net profit margin. The proposed final and special dividends per share indicate a positive outlook for stakeholders, with improvements in inventory turnover and trade payable turnover days suggesting enhanced operational efficiency.

More about TK Group (Holdings) Ltd.

TK Group (Holdings) Limited is a company incorporated in the Cayman Islands, primarily engaged in the manufacturing industry. The company focuses on producing and distributing a range of products, with a significant market presence in Hong Kong.

YTD Price Performance: -14.77%

Average Trading Volume: 840,233

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$1.68B

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