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Futong Technology Reports Increased Losses in 2024 Annual Results

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Futong Technology Reports Increased Losses in 2024 Annual Results

Futong Technology Development Holdings Ltd. ( (HK:0465) ) has issued an announcement.

Futong Technology Development Holdings Ltd. reported its annual results for the year ended December 31, 2024, showing a decrease in revenue and an increase in net loss compared to the previous year. The company faced challenges with increased costs and impairment losses, impacting its financial performance and resulting in a loss attributable to owners of RMB 70,833,000.

More about Futong Technology Development Holdings Ltd.

Futong Technology Development Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on technology development and holding a presence in the market with its various subsidiaries.

YTD Price Performance: 27.78%

Average Trading Volume: 58,640

Technical Sentiment Signal: Sell

Current Market Cap: HK$107.4M

For an in-depth examination of 0465 stock, go to TipRanks’ Stock Analysis page.

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