An update from Matrix Holdings Limited ( (HK:1005) ) is now available.
Matrix Holdings Limited announced its audited consolidated results for the year ending December 31, 2024, revealing a significant decline in financial performance. The company reported a substantial decrease in revenue from HK$714,486,000 in 2023 to HK$456,859,000 in 2024, leading to a gross profit drop from HK$308,680,000 to HK$152,366,000. The overall loss for the year increased to HK$298,731,000, compared to HK$102,940,000 in the previous year, with total comprehensive expense reaching HK$322,639,000. These results indicate a challenging year for the company, impacting its operations and potentially affecting stakeholders.
More about Matrix Holdings Limited
Matrix Holdings Limited is a company incorporated in Bermuda with limited liability, primarily operating in the manufacturing sector. The company is listed on the Hong Kong Stock Exchange under the stock code 1005.
YTD Price Performance: -17.81%
Average Trading Volume: 36,875
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$453.7M
See more data about 1005 stock on TipRanks’ Stock Analysis page.