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Ko Yo Chemical Reports Significant Financial Decline in 2024

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Ko Yo Chemical Reports Significant Financial Decline in 2024

Ko Yo Chemical (Group) Limited ( (HK:0827) ) has issued an announcement.

Ko Yo Chemical (Group) Limited reported a significant decline in its financial performance for the year ended December 31, 2024. The company experienced a 95% decrease in net cash inflow from operating activities and a substantial increase in loss attributable to shareholders, amounting to RMB505 million. Sales turnover decreased by 10.5%, with notable declines in the sales of urea and ammonia, while methanol sales saw a slight increase. The directors have decided not to recommend any final dividend for the year.

More about Ko Yo Chemical (Group) Limited

Ko Yo Chemical (Group) Limited operates in the chemical industry, focusing on the production and sale of chemical products such as urea, ammonia, methanol, N-methylpyrrolidone, and N,N-dimethylformamide. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -10.0%

Average Trading Volume: 3,307,787

Technical Sentiment Signal: Buy

Current Market Cap: HK$217M

See more insights into 0827 stock on TipRanks’ Stock Analysis page.

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