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Starjoy Wellness and Travel Reports Decrease in 2024 Revenue and Profit Amid Strategic Adjustments

Story Highlights
  • Starjoy Wellness and Travel saw a revenue and net profit decline in 2024 due to strategic changes.
  • Despite setbacks, the company improved cash flow and cost control, recommending a final dividend.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Aoyuan Healthy Life Group Co. Ltd. ( (HK:3662) ) has issued an announcement.

Starjoy Wellness and Travel Company Limited reported a decrease in total revenue and net profit for the year ended December 31, 2024, primarily due to strategic adjustments and bad debt provisions. Despite the financial setbacks, the company improved its gross profit margin, reduced administrative expenses, and increased operating cash flow, indicating enhanced cost control and cash flow management. The board anticipates stabilization in financial impacts from strategic changes and recommends a final dividend payment, reflecting confidence in the company’s future sustainability and project viability.

More about Aoyuan Healthy Life Group Co. Ltd.

Starjoy Wellness and Travel Company Limited operates in the wellness and travel industry, offering services that cater to health and leisure activities. The company focuses on providing comprehensive wellness solutions and travel experiences, aiming to enhance customer satisfaction and market presence.

YTD Price Performance: 10.42%

Average Trading Volume: 1,168,989

Technical Sentiment Signal: Buy

Current Market Cap: HK$384.9M

For an in-depth examination of 3662 stock, go to TipRanks’ Stock Analysis page.

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