An announcement from Riverine China Holdings Limited ( (HK:1417) ) is now available.
Riverine China Holdings Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported a revenue increase to RMB 966,816,000 from RMB 919,684,000 in 2023. Despite the revenue growth, the company experienced a loss for the year of RMB 50,147,000, which is an improvement from the previous year’s loss of RMB 80,950,000. The results reflect a challenging environment with increased selling and distribution expenses and administrative costs. The announcement indicates a slight improvement in the company’s financial performance, but it continues to face significant challenges in achieving profitability.
More about Riverine China Holdings Limited
Riverine China Holdings Limited is a company incorporated in the Cayman Islands with limited liability, and it is listed on the Hong Kong Stock Exchange. The company operates in an industry that involves providing services, although specific details about its primary products or services and market focus are not provided in the announcement.
YTD Price Performance: 2.50%
Average Trading Volume: 116,234
Technical Sentiment Signal: Buy
Current Market Cap: HK$81.34M
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