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Chia Tai Enterprises Reports Strong Financial Growth and Proposes New Share Option Scheme

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Chia Tai Enterprises Reports Strong Financial Growth and Proposes New Share Option Scheme

Chia Tai Enterprises International ( (HK:3839) ) just unveiled an update.

Chia Tai Enterprises International Limited has announced its annual financial results for the year ending December 31, 2024, reporting a substantial increase in revenue to US$307.7 million, up from US$173.9 million in 2023. The profit attributable to shareholders rose to US$11.2 million, reflecting a significant improvement in the company’s financial performance, though comprehensive income was affected by foreign exchange and investment impacts. Additionally, the company proposed the adoption of a new share option scheme to replace the existing one, which may impact the company’s stockholder strategy and employee incentives.

More about Chia Tai Enterprises International

Chia Tai Enterprises International Limited is a company incorporated in Bermuda that operates within the international business sector. The company and its subsidiaries focus on delivering a variety of products and services, though the specific industry and market focus are not detailed in the announcement.

Average Trading Volume: 339

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $50.87M

For detailed information about 3839 stock, go to TipRanks’ Stock Analysis page.

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