Lever Style Corp. ( (HK:1346) ) has provided an update.
Lever Style Corporation has announced its audited consolidated financial results for the year ending December 31, 2024. The company reported a revenue increase to US$222.9 million from US$208.5 million in 2023, with a gross profit of US$63.5 million. Despite facing net impairment losses on trade receivables and exchange differences on foreign operations, the company achieved a profit before tax of US$20.1 million and a total comprehensive income of US$17 million. This financial performance indicates a positive trajectory for Lever Style Corporation, potentially strengthening its market position and providing confidence to stakeholders.
More about Lever Style Corp.
Lever Style Corporation, incorporated in the Cayman Islands, operates in the apparel industry, focusing on the production and distribution of fashion garments. The company is listed on the Hong Kong Stock Exchange under the stock code 1346.
YTD Price Performance: 41.86%
Average Trading Volume: 466,260
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$779.7M
For a thorough assessment of 1346 stock, go to TipRanks’ Stock Analysis page.