China Tianrui Automotive Interiors Co., Ltd. ( (HK:6162) ) has shared an announcement.
China Tianrui Automotive Interiors Co., Ltd. reported its audited financial results for the year ended December 31, 2024, showing a slight decline in revenue by 1.2% to RMB 242,902,000 compared to the previous year. The company’s gross profit margin also decreased by 1.1 percentage points to 18.1%, and profit attributable to equity shareholders dropped significantly by 46.7% to RMB 1,996,000. These results reflect challenges in maintaining profitability amidst rising costs and impairment losses on trade receivables, impacting the company’s financial performance and shareholder returns.
More about China Tianrui Automotive Interiors Co., Ltd.
China Tianrui Automotive Interiors Co., Ltd. operates in the automotive industry, focusing on the production and supply of interior components for vehicles. The company is headquartered in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -13.75%
Average Trading Volume: 339,555
Technical Sentiment Signal: Buy
Current Market Cap: HK$138M
Learn more about 6162 stock on TipRanks’ Stock Analysis page.