Xin Point Holdings Sees Revenue Growth but Decline in Profit for FY2024

Xin Point Holdings Limited ( (HK:1571) ) has provided an announcement.

Xin Point Holdings Limited reported a 3.4% increase in revenue to approximately RMB3,207.7 million for the year ended December 31, 2024. Despite the revenue growth, the company’s profit attributable to owners decreased by 7.2% to approximately RMB563.5 million, and basic earnings per share fell by 8.2% to RMB56 cents. The company proposed a final dividend of HK30 cents per share. While gross profit increased by 5.4%, capital expenditure saw a slight decrease of 2.0%. The consolidated net asset value experienced a marginal increase of 0.2% to approximately RMB3,482.1 million.

More about Xin Point Holdings Limited

Xin Point Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company is listed on the Hong Kong Stock Exchange under the stock code 1571.

YTD Price Performance: -6.47%

Average Trading Volume: 676,427

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.06B

See more data about 1571 stock on TipRanks’ Stock Analysis page.