The latest announcement is out from Speedy Global Holdings Ltd. ( (HK:0540) ).
Speedy Global Holdings Ltd. has announced a significant financial turnaround for the year ending December 31, 2024, expecting a net profit of at least HK$13.0 million compared to a net loss of approximately HK$5 million in the previous year. This improvement is attributed to a 42.9% increase in revenue due to higher sales orders from existing customers and a 44.6% reduction in finance costs from effective cost control measures. The final financial results are yet to be audited and will be released by the end of March 2025.
More about Speedy Global Holdings Ltd.
Speedy Global Holdings Ltd. is a company incorporated in the Cayman Islands with limited liability, listed on the Stock Exchange of Hong Kong. The company operates in the industry of providing various services and products, though specific details about its primary products or services and market focus are not provided in the announcement.
YTD Price Performance: 35.71%
Average Trading Volume: 539,933
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$120M
See more data about 0540 stock on TipRanks’ Stock Analysis page.
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