Vanov Holdings Reports 2024 Financial Results with Revenue Growth but Profit Decline

The latest update is out from Vanov Holdings Company Limited ( (HK:2260) ).

Vanov Holdings Company Limited reported its annual results for the year ending December 31, 2024, showing a 7.6% increase in revenue to RMB 255,488,000 compared to the previous year. However, the company experienced a decline in gross profit by 0.6% and a 13% decrease in profit attributable to equity holders, reflecting challenges in managing costs and expenses. The earnings per share also fell by 10.3%, indicating a need for strategic adjustments to improve profitability and shareholder value.

More about Vanov Holdings Company Limited

Vanov Holdings Company Limited is incorporated in the Cayman Islands and operates in the financial sector. The company is listed on the Hong Kong Stock Exchange and focuses on providing financial services and products.

YTD Price Performance: -16.88%

Average Trading Volume: 493,381

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$657.5M

See more data about 2260 stock on TipRanks’ Stock Analysis page.