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Zhong An Intelligent Living Service Reports Mixed 2024 Financial Results

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Zhong An Intelligent Living Service Reports Mixed 2024 Financial Results

The latest announcement is out from Zhong An Intelligent Living Service Limited ( (HK:2271) ).

Zhong An Intelligent Living Service Limited announced its annual financial results for the year ended December 31, 2024, revealing a 17.40% increase in revenue to RMB 412,238,000 compared to the previous year. Despite the revenue growth, the company’s profit for the year decreased by 24.45% to RMB 37,341,000, attributed to increased administrative expenses and impairment losses on financial assets. The announcement highlights a mixed financial performance, with growth in total assets and net assets, but a decline in profit and earnings per share, indicating potential challenges in maintaining profitability amidst rising costs.

More about Zhong An Intelligent Living Service Limited

Zhong An Intelligent Living Service Limited is a company incorporated in the Cayman Islands with limited liability, operating in the intelligent living service industry. The company focuses on providing a range of services aimed at enhancing living experiences, although specific details about its market focus or primary products are not provided in the announcement.

YTD Price Performance: 28.30%

Average Trading Volume: 550,740

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$351.8M

See more insights into 2271 stock on TipRanks’ Stock Analysis page.

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