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Zhongsheng Group Holdings Ltd. ( (HK:0881) ) just unveiled an announcement.
Zhongsheng Group Holdings Limited reported a decrease in total revenue and profit for the year ended December 31, 2024, with revenue dropping by 6.2% and profit by 38.5% compared to the previous year. Despite the decline in new car sales, the company saw a significant increase in pre-owned automobile trade volume by 37.9%. The board has proposed a final dividend of HK$0.678 per share, subject to shareholder approval.
More about Zhongsheng Group Holdings Ltd.
Zhongsheng Group Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the automotive industry. It focuses on the sale of motor vehicles, accessories, and after-sales services, including maintenance, warranty, and collision services.
YTD Price Performance: 1.00%
Average Trading Volume: 7,891,725
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.64B
For a thorough assessment of 0881 stock, go to TipRanks’ Stock Analysis page.