The latest announcement is out from IPE Group Limited ( (HK:0929) ).
IPE Group Limited reported a significant financial performance for the year ending December 31, 2024, with a 12.4% increase in revenue to HK$1,010 million and a 92.5% rise in profit to HK$30.1 million. Despite these gains, the company decided not to distribute a final dividend. The company maintained a net cash position of HK$223.4 million, although this was a decrease from the previous year. The improved gross profit margin and earnings per share highlight a strong operational year, reflecting positively on the company’s market positioning.
More about IPE Group Limited
IPE Group Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 929.
YTD Price Performance: -14.00%
Average Trading Volume: 198,152
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$452.5M
For detailed information about 0929 stock, go to TipRanks’ Stock Analysis page.