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An announcement from Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) is now available.
USPACE Technology Group Limited, a company incorporated in the Cayman Islands, announced its annual financial results for the year ended December 31, 2024. The company reported a significant decrease in revenue from continuing operations, down by approximately 32.7% compared to the previous year, and a gross profit decrease of 11.4%. The loss for the year increased to approximately RMB265.3 million from RMB222.8 million in 2023. This financial downturn may impact the company’s market positioning and stakeholder confidence.
More about Hong Kong Aerospace Technology Group Limited
YTD Price Performance: -6.82%
Average Trading Volume: 5,289,835
Technical Sentiment Signal: Buy
Current Market Cap: HK$413.3M
For detailed information about 1725 stock, go to TipRanks’ Stock Analysis page.