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Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H ( (HK:1379) ) has provided an announcement.
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited announced its annual results for the year ended December 31, 2024. The company reported a 28.9% decrease in revenue to RMB 68,814,000 and a 44.6% drop in profit to RMB 15,070,000. Despite these declines, the gross profit margin improved significantly to 80.6% from 65.9% the previous year. The board has recommended a final dividend of RMB 0.23 per share, consistent with the previous year. The results indicate challenges in revenue generation but highlight an improvement in operational efficiency.
More about Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H
Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the trading industry, focusing on measuring and cutting tools.
YTD Price Performance: 15.45%
Average Trading Volume: 11,379
Technical Sentiment Signal: Sell
Current Market Cap: HK$168M
For detailed information about 1379 stock, go to TipRanks’ Stock Analysis page.