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WK Group Reports Revenue Growth and Stable Earnings for 2024

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WK Group (Holdings) Limited ( (HK:2535) ) has shared an announcement.

WK Group (Holdings) Limited reported an increase in revenue by 7.6% to approximately HK$398.5 million for the year ended 31 December 2024, with a gross profit of approximately HK$71.4 million. The company also recorded a profit attributable to owners of approximately HK$31.5 million, up from HK$25.2 million the previous year. Despite this growth, the board decided not to recommend a final dividend payment for the year. The financial results reflect a stable performance with a consistent earnings per share of HK1.7 cents, indicating a steady operational efficiency amidst rising administrative expenses.

More about WK Group (Holdings) Limited

YTD Price Performance: -3.23%

Average Trading Volume: 7,342,545

Technical Sentiment Signal: Strong Buy

For an in-depth examination of 2535 stock, go to TipRanks’ Stock Analysis page.

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