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Vietnam Manufacturing & Export Processing (Holdings) Ltd. ( (HK:0422) ) has provided an announcement.
Vietnam Manufacturing & Export Processing (Holdings) Ltd. reported a significant decline in financial performance for the year ended December 31, 2024, with revenue dropping from $105.1 million in 2023 to $81.1 million in 2024, and a loss after tax of $3.8 million compared to a profit of $1.7 million the previous year. The company faced challenges such as increased costs and decreased income, leading to a decision not to recommend a final dividend for the year, which may impact investor confidence and stakeholder expectations.
More about Vietnam Manufacturing & Export Processing (Holdings) Ltd.
Vietnam Manufacturing & Export Processing (Holdings) Ltd. is a company incorporated in the Cayman Islands with limited liability, focusing on manufacturing and export processing.
YTD Price Performance: -8.00%
Average Trading Volume: 46,176
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$417.5M
For a thorough assessment of 0422 stock, go to TipRanks’ Stock Analysis page.