VPower Group International Holdings Limited ( (HK:1608) ) has issued an announcement.
VPower Group International Holdings Limited announced a significant reduction in its consolidated loss for the year ended December 31, 2024, expecting a decrease of over 80% compared to the previous year. This improvement is attributed to increased gross profit, reduced impairments on trade receivables, and a decrease in joint venture losses. The company is in the process of finalizing its annual results, which are expected to be published by the end of March 2025.
More about VPower Group International Holdings Limited
VPower Group International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the power generation industry. The company focuses on providing power solutions and services, with a market focus on improving operational efficiency and reducing losses.
YTD Price Performance: 90.0%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €204.2M
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