GOGOX Holdings Limited ( (HK:2246) ) has issued an announcement.
GOGOX Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a 12.3% decline in revenue to RMB 660,119,000 and a gross profit decrease of 15.2% to RMB 218,708,000. Despite these declines, the company significantly reduced its loss before income tax by 81.6% to RMB 203,263,000, and its adjusted net loss decreased by 49.4% to RMB 86,116,000. The results indicate a strategic focus on cost management and operational efficiency, which could positively impact the company’s future financial stability and market positioning.
More about GOGOX Holdings Limited
GOGOX Holdings Limited, incorporated in the Cayman Islands, operates in the logistics industry, providing on-demand delivery services. The company focuses on leveraging technology to optimize logistics solutions and enhance delivery efficiency.
YTD Price Performance: -5.49%
Average Trading Volume: 3,336,939
Technical Sentiment Signal: Buy
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