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Kelfred Holdings Reports 2024 Financial Results with Increased Revenue but Net Loss

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Kelfred Holdings Reports 2024 Financial Results with Increased Revenue but Net Loss

Kelfred Holdings Limited ( (HK:1134) ) has issued an announcement.

Kelfred Holdings Limited announced its audited financial results for the year ended 31 December 2024, revealing a challenging year with a revenue increase to HK$453.6 million from HK$393.3 million in 2023. Despite the revenue growth, the company reported a net loss of HK$21.6 million, a significant decline from a profit of HK$1.4 million in the previous year, primarily due to increased costs and reduced other incomes.

More about Kelfred Holdings Limited

Kelfred Holdings Limited is a company incorporated in the Cayman Islands, operating in the manufacturing industry. The company is listed on the Hong Kong Stock Exchange and is involved in the production and sale of eyewear products.

YTD Price Performance: -8.33%

Average Trading Volume: 736,782

Technical Sentiment Signal: Buy

Current Market Cap: HK$110M

For a thorough assessment of 1134 stock, go to TipRanks’ Stock Analysis page.

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