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Tysan Holdings Reports Turnaround with 2024 Profit

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Tysan Holdings Reports Turnaround with 2024 Profit

Confident Investing Starts Here:

Tysan Holdings Limited ( (HK:0687) ) just unveiled an update.

Tysan Holdings Limited announced its financial results for the year ending December 31, 2024, showing a significant turnaround with a profit of HK$40.8 million compared to a loss of HK$13 million in 2023. The company’s revenue decreased from HK$2.7 billion in 2023 to HK$2.4 billion in 2024, but improved cost management led to a higher gross profit. This positive financial performance may enhance the company’s position in the market and provide reassurance to stakeholders.

More about Tysan Holdings Limited

Tysan Holdings Limited is a company incorporated in Bermuda, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 687. The company is involved in various business operations, although specific industries or services are not detailed in the announcement.

YTD Price Performance: 9.47%

Average Trading Volume: 223,282

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$700.1M

For a thorough assessment of 0687 stock, go to TipRanks’ Stock Analysis page.

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