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Speedy Global Holdings Ltd. Reports Strong Financial Turnaround in 2024

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Speedy Global Holdings Ltd. Reports Strong Financial Turnaround in 2024

Speedy Global Holdings Ltd. ( (HK:0540) ) has provided an update.

Speedy Global Holdings Ltd. reported a significant improvement in its financial performance for the year ended December 31, 2024. The company’s revenue increased by 42.9% to HK$660.5 million, and its gross profit more than doubled, reaching HK$81.4 million. The net profit attributable to equity holders was HK$16.9 million, a notable turnaround from the previous year’s loss. This positive financial outcome reflects the company’s enhanced operational efficiency and market positioning, potentially benefiting stakeholders and strengthening its industry presence.

More about Speedy Global Holdings Ltd.

YTD Price Performance: 25.71%

Average Trading Volume: 545,823

Technical Sentiment Signal: Sell

Current Market Cap: HK$105.6M

Find detailed analytics on 0540 stock on TipRanks’ Stock Analysis page.

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