C.banner International Holdings Ltd. ( (HK:1028) ) has issued an update.
C.banner International Holdings Ltd. reported its audited consolidated results for the year ended December 31, 2024, showing a decrease in revenue from RMB 1,539,942,000 in 2023 to RMB 1,391,552,000 in 2024. Despite the revenue decline, the company achieved a significant increase in profit for the year, rising from RMB 20,954,000 in 2023 to RMB 48,293,000 in 2024, attributed to reduced income tax expenses. The gross profit margin remained stable, while the net profit margin improved from 1.4% to 3.5%, indicating enhanced operational efficiency.
More about C.banner International Holdings Ltd.
C.banner International Holdings Ltd. is a company incorporated in Bermuda with limited liability, primarily engaged in the manufacturing and retail of footwear. The company operates within the fashion industry, focusing on providing a range of stylish and high-quality footwear products.
YTD Price Performance: 1.25%
Average Trading Volume: 2,982,224
Technical Sentiment Signal: Sell
Current Market Cap: HK$504.7M
See more data about 1028 stock on TipRanks’ Stock Analysis page.