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Win Hanverky Holdings Limited ( (HK:3322) ) has provided an announcement.
Win Hanverky Holdings Limited announced a significant reduction in losses for the year ended December 31, 2024, compared to the previous year. The company’s sportswear manufacturing business saw a remarkable turnaround due to a 31% increase in revenue, driven by rebounded customer orders and improved inventory issues. The company also benefited from ceasing operations of the loss-making fashion brand ‘Champion.’ High-end functional outerwear manufacturing also experienced growth, particularly in Mainland China, contributing to an operating profit increase.
More about Win Hanverky Holdings Limited
Win Hanverky Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the manufacturing sector. The company specializes in sportswear manufacturing and high-end functional outerwear manufacturing, focusing on expanding its market reach, particularly in Mainland China.
YTD Price Performance: 17.65%
Average Trading Volume: 99,869
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$256.9M
See more data about 3322 stock on TipRanks’ Stock Analysis page.