tiprankstipranks
Trending News
More News >

Volcano Spring International Holdings Reports Reduced Net Loss for 2024

Story Highlights
Volcano Spring International Holdings Reports Reduced Net Loss for 2024

Confident Investing Starts Here:

Miji International Holdings Limited ( (HK:1715) ) just unveiled an update.

Volcano Spring International Holdings Limited, incorporated in the Cayman Islands, has announced a profit warning indicating a reduction in net loss for the year ended December 31, 2024. The company expects to report a net loss of approximately RMB35.5 million, an improvement from the RMB49.3 million loss in 2023. This reduction is attributed to a decrease in administrative and selling expenses due to effective cost control measures, despite a decrease in overall gross profit resulting from a change in product mix. The financial results are based on unaudited management accounts and may differ from the final audited results.

More about Miji International Holdings Limited

YTD Price Performance: 1.90%

Average Trading Volume: 842,114

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$25.24M

For an in-depth examination of 1715 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1