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Virtual Mind Holding Company Limited Reports 95.4% Revenue Increase Amid Reduced Losses

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The latest announcement is out from Virtual Mind Holding Company Limited ( (HK:1520) ).

Virtual Mind Holding Company Limited reported a significant increase in revenue for the year ended 31 December 2024, with figures reaching approximately HK$129.6 million, marking a 95.4% rise from the previous year. Despite this revenue growth, the company still faced a loss attributable to owners of approximately HK$76.6 million, though this was an improvement from the previous year’s loss. The company’s decision not to recommend a final dividend reflects ongoing financial challenges, although the reduction in losses suggests a potential path to recovery.

More about Virtual Mind Holding Company Limited

YTD Price Performance: -33.82%

Average Trading Volume: 853,161

Technical Sentiment Signal: Buy

Current Market Cap: HK$301.7M

For an in-depth examination of 1520 stock, go to TipRanks’ Stock Analysis page.

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