Shenguan Holdings (Group) Limited ( (HK:0829) ) has issued an update.
Shenguan Holdings (Group) Limited announced its annual financial results for the year ended December 31, 2024, reporting a decrease in revenue by 8.4% to RMB 1,016.8 million and a 14.7% drop in profit attributable to owners of the parent. Despite the decline in financial performance, the company maintained its dividend payouts, proposing a final dividend of HK2.0 cents per share and a special final dividend of HK2.0 cents per share. The results reflect challenges in the company’s operational efficiency, as seen in increased inventory turnover days and reduced trade payables turnover days, which may impact its market positioning and stakeholder confidence.
More about Shenguan Holdings (Group) Limited
Shenguan Holdings (Group) Limited is a company incorporated in the Cayman Islands, primarily involved in the production and sale of various products. The company operates within the financial and manufacturing sectors, focusing on generating revenue through its diverse offerings.
YTD Price Performance: 14.04%
Average Trading Volume: 798,815
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.05B
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