Computime Reveals Strong Profit Growth Amid Global Challenges
Company Announcements

Computime Reveals Strong Profit Growth Amid Global Challenges

Computime Group Limited (HK:0320) has released an update.

Computime Group Limited reported a decrease in revenue by 4% in FY2024 compared to the previous year but saw a significant increase in gross profit by 24% and in profit after tax by 257%, indicating a strong overall financial performance despite a challenging global economic environment. The company remains optimistic about the future growth of its smart home and energy management solutions, amidst tightening global green standards and rising environmental awareness. Computime celebrates its 50th anniversary in 2024, reinforcing its stability and experience in the face of geopolitical and economic uncertainties.

For further insights into HK:0320 stock, check out TipRanks’ Stock Analysis page.

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