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Wai Chi Holdings Reports Strong Financial Growth for 2024

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Wai Chi Holdings Reports Strong Financial Growth for 2024

Elevate Your Investing Strategy:

Wai Chi Holdings Co., Ltd. ( (HK:1305) ) has issued an announcement.

Wai Chi Holdings Company Limited has announced its audited consolidated annual results for the year ended 31 December 2024. The company reported a revenue increase to HK$2,372,277,000 from HK$1,985,768,000 in 2023, with a gross profit margin improvement from 13.5% to 14.6%. Profit attributable to owners rose to HK$46,679,000, indicating a positive financial performance. This growth reflects the company’s strengthened market position and operational efficiency, potentially benefiting stakeholders and enhancing its competitive stance in the electronics industry.

More about Wai Chi Holdings Co., Ltd.

Wai Chi Holdings Company Limited is incorporated in the Cayman Islands and operates in the electronics industry. The company primarily focuses on the production and distribution of electronic components and related products.

YTD Price Performance: -4.65%

Average Trading Volume: 37,350

Technical Sentiment Signal: Buy

Current Market Cap: HK$180.2M

See more insights into 1305 stock on TipRanks’ Stock Analysis page.

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