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Tycoon Group Holdings Limited ( (HK:3390) ) has issued an announcement.
Tycoon Group Holdings Limited announced its annual financial results for the year ended December 31, 2024, reporting a significant decline in revenue and net profit. The company’s revenue decreased by 26.9% to HK$876.0 million, and net profit plummeted by 98.0% to HK$6.0 million compared to the previous year. The board has decided not to declare any final dividend for FY2024, reflecting the challenging financial performance. This downturn in financial results may impact the company’s market position and stakeholder confidence.
More about Tycoon Group Holdings Limited
Tycoon Group Holdings Limited, incorporated in the Cayman Islands, operates in the healthcare industry. The company is primarily focused on the distribution and retailing of health and wellness products, catering to a diverse market with a range of offerings.
YTD Price Performance: 4.02%
Average Trading Volume: 602,466
Technical Sentiment Signal: Hold
Current Market Cap: HK$2.9B
Find detailed analytics on 3390 stock on TipRanks’ Stock Analysis page.