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Ajisen (China) Reports 2024 Financial Results Amidst Operational Challenges

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Ajisen (China) Reports 2024 Financial Results Amidst Operational Challenges

The latest update is out from Ajisen (China) Holdings Limited ( (HK:0538) ).

Ajisen (China) Holdings Limited announced its annual results for the year ended December 31, 2024, revealing a decrease in turnover by 5.4% to RMB 1,717,290,000 compared to the previous year. The company faced significant challenges, with a drastic 88.2% drop in profit from operations and a net loss before tax of RMB 50,132,000. Despite these setbacks, Ajisen expanded its restaurant count to 596 by the end of 2024, indicating a strategic focus on growth amidst financial difficulties.

More about Ajisen (China) Holdings Limited

Ajisen (China) Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the restaurant industry. The company operates a chain of restaurants, with a focus on providing quality dining experiences across its numerous locations.

YTD Price Performance: -7.06%

Average Trading Volume: 655,186

Technical Sentiment Signal: Buy

Current Market Cap: HK$862.3M

See more data about 0538 stock on TipRanks’ Stock Analysis page.

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