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Perfect Group Reports Decline in 2024 Financial Results

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Perfect Group Reports Decline in 2024 Financial Results

The latest update is out from Perfect Group International Holdings Ltd. ( (HK:3326) ).

Perfect Group International Holdings Ltd. announced its audited consolidated results for the year ending December 31, 2024. The company reported a decrease in revenue from HK$348,711,000 in 2023 to HK$273,492,000 in 2024, with a gross profit decline from HK$102,204,000 to HK$82,544,000. Despite a profit for the year of HK$9,859,000, down from HK$34,158,000 in 2023, the company faced a total comprehensive expense of HK$4,205,000 due to factors like impairment losses and exchange differences. This financial performance indicates challenges in maintaining profitability and suggests potential impacts on stakeholders and market positioning.

More about Perfect Group International Holdings Ltd.

Perfect Group International Holdings Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 3326.

YTD Price Performance: -4.30%

Average Trading Volume: 118,500

Technical Sentiment Signal: Buy

Current Market Cap: HK$237.9M

Learn more about 3326 stock on TipRanks’ Stock Analysis page.

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