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The latest announcement is out from XiangXing International Holding Limited ( (HK:1732) ).
XiangXing International Holding Limited reported its audited consolidated results for the year ended December 31, 2024, showing a significant decline in profitability compared to the previous year. The company experienced a net loss of RMB 4,893,000, a stark contrast to the profit of RMB 10,521,000 in 2023, attributed to increased impairment losses and administrative expenses, impacting its financial performance and potentially affecting stakeholder confidence.
More about XiangXing International Holding Limited
XiangXing International Holding Limited is a company incorporated in the Cayman Islands, primarily engaged in providing services and products related to logistics and supply chain management.
YTD Price Performance: 30.14%
Average Trading Volume: 2,700,357
Technical Sentiment Signal: Buy
Current Market Cap: HK$121.6M
See more insights into 1732 stock on TipRanks’ Stock Analysis page.