An update from Howkingtech International Holding Limited ( (HK:2440) ) is now available.
Howkingtech International Holding Limited reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue dropping from RMB 440,550,000 in 2023 to RMB 98,580,000 in 2024. The company experienced a net loss of RMB 77,527,000 compared to a profit of RMB 25,493,000 the previous year, largely due to increased impairment losses on financial assets and higher selling and distribution expenses. This downturn may impact the company’s market position and stakeholder confidence.
More about Howkingtech International Holding Limited
Howkingtech International Holding Limited, incorporated in the Cayman Islands, operates in the technology sector with a focus on providing innovative solutions and services. The company is listed on the Hong Kong Stock Exchange under the stock code 2440.
YTD Price Performance: 345.71%
Average Trading Volume: 5,159,499
Technical Sentiment Signal: Strong Sell
Learn more about 2440 stock on TipRanks’ Stock Analysis page.