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V.S. International Group Limited Reports Revenue Surge but Faces Financial Losses

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V.S. International Group Limited Reports Revenue Surge but Faces Financial Losses

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An announcement from V.S. International Group Limited ( (HK:1002) ) is now available.

V.S. International Group Limited reported a significant revenue increase of 212.86% to RMB239.15 million for the seventeen-month period ending December 31, 2024. Despite the revenue growth, the company recorded a loss attributable to owners of RMB16.09 million, with a basic loss per share of 0.68 Renminbi cent. The results reflect a challenging financial period, with notable expenses in general and administrative areas, although gains were made through a bargain purchase and reversal of impairment on investments.

More about V.S. International Group Limited

V.S. International Group Limited is a company incorporated in the Cayman Islands with limited liability, listed on the Hong Kong Stock Exchange under stock code 1002. The company operates within the manufacturing industry, focusing on producing and distributing various products, although specific products or market focus are not detailed in the announcement.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €22.81M

Find detailed analytics on 1002 stock on TipRanks’ Stock Analysis page.

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