Goldlion Holdings ( (HK:0533) ) has issued an announcement.
Goldlion Holdings Limited announced its final results for the year ended December 31, 2024, reporting a decrease in turnover from HK$1,331,456,000 in 2023 to HK$1,219,113,000 in 2024. Despite a reduction in costs, the company’s profit for the year declined to HK$93,106,000 from HK$116,164,000 in the previous year. The total comprehensive income also saw a significant drop to HK$831,000 from HK$45,427,000, largely due to adverse exchange rate impacts on overseas subsidiaries. These results suggest a challenging year for Goldlion Holdings, with implications for its market positioning and stakeholder confidence.
More about Goldlion Holdings
Goldlion Holdings Limited is a company incorporated in Hong Kong, operating in the fashion and apparel industry. It focuses on designing, manufacturing, and distributing high-quality clothing and accessories, primarily targeting the Asian market.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $145.3M
For an in-depth examination of 0533 stock, go to TipRanks’ Stock Analysis page.