Fenbi Limited ( (HK:2469) ) has shared an announcement.
Fenbi Limited has announced its audited consolidated annual results for the year ending December 31, 2024. The company reported a decrease in revenue from RMB 3,021,318,000 in 2023 to RMB 2,789,781,000 in 2024, while profit for the year increased from RMB 188,566,000 to RMB 239,570,000. Despite a reduction in revenue, the company managed to increase its profit, indicating effective cost management and operational efficiency. The number of employees slightly decreased, but the average monthly active users remained stable at 9.1 million, reflecting consistent engagement with its digital platforms.
More about Fenbi Limited
Fenbi Limited is a company incorporated in the Cayman Islands, operating in the education industry. It focuses on providing educational services and products, with a significant emphasis on digital learning platforms, as evidenced by its substantial number of average monthly active users.
YTD Price Performance: 1.17%
Average Trading Volume: 21,326,673
Technical Sentiment Signal: Buy
Current Market Cap: HK$5.66B
See more data about 2469 stock on TipRanks’ Stock Analysis page.