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Zhengwei Group Reports Significant Losses in 2024

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Zhengwei Group Holdings Company Limited ( (HK:2147) ) has provided an announcement.

Zhengwei Group Holdings Company Limited announced its unaudited consolidated results for the twelve months ending December 31, 2024. The company reported a significant decline in gross profit from RMB 147,260,000 in 2023 to RMB 9,447,000 in 2024, despite an increase in revenue from RMB 445,214,000 to RMB 598,057,000. The financial results indicate a challenging year for the company, with a net loss of RMB 53,574,000 compared to a profit of RMB 67,517,000 in the previous year, impacting stakeholders and potentially affecting the company’s market positioning.

More about Zhengwei Group Holdings Company Limited

YTD Price Performance: -5.00%

Average Trading Volume: 9,172,406

Technical Sentiment Consensus Rating: Buy

For an in-depth examination of 2147 stock, go to TipRanks’ Stock Analysis page.

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