tiprankstipranks
Trending News
More News >

Beijing UBOX Reports 2024 Financial Results with Revenue Growth Amid Reduced Losses

Story Highlights
Beijing UBOX Reports 2024 Financial Results with Revenue Growth Amid Reduced Losses

Beijing UBOX Online Technology Corp. Class H ( (HK:2429) ) just unveiled an announcement.

Beijing UBOX Online Technology Corp. reported its audited consolidated annual results for the year ended December 31, 2024, showing a revenue increase of 9.2% to RMB 2,918,867,000. Despite this growth, the company experienced a decrease in gross profit margin and reported a net loss of RMB 210,738,000, reflecting a significant reduction in losses compared to the previous year, indicating potential improvements in operational efficiency.

More about Beijing UBOX Online Technology Corp. Class H

Beijing UBOX Online Technology Corp. is a joint stock company incorporated in the People’s Republic of China, operating within the technology sector. The company focuses on providing online technology services and solutions, with its securities listed on the Hong Kong Stock Exchange.

YTD Price Performance: -18.05%

Average Trading Volume: 12,085,729

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.3B

For an in-depth examination of 2429 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App