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Vesync Co., Ltd. Reports Strong Financial Growth in 2024

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Vesync Co., Ltd. Reports Strong Financial Growth in 2024

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Vesync Co., Ltd. ( (HK:2148) ) has issued an update.

Vesync Co., Ltd. announced its annual financial results for the year ending December 31, 2024, reporting a revenue increase of 11.5% to US$652.64 million and a gross profit rise of 11.7% to US$306.58 million. The company’s profit before tax grew by 27.5% to US$111.49 million, and the profit margin improved to 14.3%, reflecting strong financial performance and potentially positive implications for stakeholders.

More about Vesync Co., Ltd.

Vesync Co., Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. The company focuses on providing a range of products and services, although specific industry and market focus details are not provided in the announcement.

YTD Price Performance: -2.46%

Average Trading Volume: 1,381,330

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$5.88B

See more insights into 2148 stock on TipRanks’ Stock Analysis page.

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