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Carpenter Tan Holdings Reports Slight Revenue Growth Amid Profit Decline

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Carpenter Tan Holdings Reports Slight Revenue Growth Amid Profit Decline

Carpenter Tan Holdings Limited ( (HK:0837) ) has issued an update.

Carpenter Tan Holdings Limited reported a modest increase in revenue and gross profit for the year ended December 31, 2024, with revenue rising by 1.2% to approximately RMB505.4 million and gross profit increasing by 1.4% to approximately RMB305.2 million. Despite these gains, the company’s profit for the year decreased by 1.3% to approximately RMB171.5 million, and earnings per share fell by 1.4% to RMB68.90 cents. The board has recommended a final dividend of HK36.63 cents per share, pending shareholder approval.

More about Carpenter Tan Holdings Limited

Carpenter Tan Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the production and sale of wooden handicrafts. The company focuses on delivering high-quality products to its market, with a strong emphasis on craftsmanship and design.

YTD Price Performance: 4.99%

Average Trading Volume: 90,325

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.52B

For an in-depth examination of 0837 stock, go to TipRanks’ Stock Analysis page.

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