Ju Teng International Holdings Limited ( (HK:3336) ) has issued an update.
Ju Teng International Holdings Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue decreased by 13.1% to approximately HK$6,026 million, and its gross profit plummeted by 65.9% to HK$173 million, resulting in a reduced gross profit margin of 2.9%. The loss attributable to equity holders widened to HK$530 million, compared to HK$231 million in the previous year, indicating a challenging financial period for the company. This downturn in financial results may impact the company’s market positioning and stakeholder confidence.
More about Ju Teng International Holdings Limited
Ju Teng International Holdings Limited, incorporated in the Cayman Islands, operates within the technology sector, focusing on the production of electronic components. The company is primarily engaged in manufacturing casings for electronic products, catering to a global market.
YTD Price Performance: 140.0%
Technical Sentiment Signal: Sell
Current Market Cap: €177.3M
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