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Launch Tech Co. Ltd. Reports Robust 2024 Financial Results

Story Highlights
  • Launch Tech Co. Ltd. reported a turnover of RMB1,880 million and a net profit of RMB340 million.
  • The company declared a final dividend of RMB0.45 per share, indicating strong financial performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Launch Tech Co. Ltd. Class H ( (HK:2488) ) just unveiled an update.

Launch Tech Company Limited announced its 2024 annual financial results, reporting a turnover of RMB1,880 million and a net profit of RMB340 million. The company declared a final dividend of RMB0.45 per share, reflecting a strong financial performance. The results indicate a solid position in the market, with increased accounts receivable and investments in non-current assets, suggesting strategic growth and expansion efforts.

More about Launch Tech Co. Ltd. Class H

Launch Tech Company Limited is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the technology sector, focusing on providing automotive diagnostics and inspection products and services.

YTD Price Performance: 34.29%

Average Trading Volume: 1,171

Technical Sentiment Signal: Sell

Current Market Cap: €594.1M

Find detailed analytics on 2488 stock on TipRanks’ Stock Analysis page.

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