The latest update is out from SY Holdings Group Limited ( (HK:6069) ).
SY Holdings Group Limited reported significant growth in its annual results for the year ended December 31, 2024. The company saw a 36.9% increase in profit after taxation and a 103.6% rise in revenue from platform-based technology services, despite a slight decline in total revenue. The number of platform clients grew by 18.3%, and the cumulative supply chain assets processed increased by 29.0%. The company also expanded its funding partners by 24.4% and increased its funding facility by 57.8%. These results highlight the company’s successful platform-based strategy and its ability to support SMEs in accessing working capital and enhancing cost efficiency.
More about SY Holdings Group Limited
SY Holdings Group Limited is a digital intelligence company that specializes in AI and industrial supply chains. The company is deeply involved in infrastructure, pharmaceuticals, and commodities, while also expanding into e-commerce, robotics, and intelligent computing services. Through its AI-driven industrial intelligence platform, SY Cloud Platform, the company supports small and medium enterprises (SMEs) in order fulfillment and working capital needs, enhancing their growth and operational efficiency.
YTD Price Performance: 31.61%
Average Trading Volume: 8,697,971
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$9.3B
For an in-depth examination of 6069 stock, go to TipRanks’ Stock Analysis page.