China XLX Fertiliser Ltd. ( (HK:1866) ) just unveiled an update.
China XLX Fertiliser Ltd. reported its financial results for the year ended December 31, 2024, showing a slight decrease in revenue from RMB 23.48 billion in 2023 to RMB 23.13 billion in 2024. Despite the revenue drop, the company achieved a significant increase in profit before tax, rising from RMB 1.94 billion in 2023 to RMB 2.38 billion in 2024, attributed to higher other income and gains. This performance reflects the company’s ability to manage costs and improve profitability, which could positively impact its market position and stakeholder confidence.
More about China XLX Fertiliser Ltd.
China XLX Fertiliser Ltd. is a company incorporated in Singapore, primarily operating in the fertiliser industry. The company is listed on the Hong Kong Stock Exchange and focuses on the production and distribution of fertilisers.
YTD Price Performance: 11.22%
Average Trading Volume: 2,109,070
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.85B
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