An update from Universal Technologies Holdings Limited ( (HK:1026) ) is now available.
Universal Technologies Holdings Limited reported a revenue increase of 3.7% for the year ending December 31, 2024, largely due to growth in its water supply and property investment businesses. Despite this, the company recorded a net loss of approximately HK$69.13 million, a significant improvement from the previous year’s loss, attributed to the absence of impairment losses and changes in property values that impacted the prior year.
More about Universal Technologies Holdings Limited
Universal Technologies Holdings Limited operates in the water supply and property investment and development sectors. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -25.00%
Average Trading Volume: 219,625
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$577M
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