tiprankstipranks
Trending News
More News >

BaWang International Sees Revenue Growth but Profit Decline in 2024

Story Highlights

BaWang International (Group) Holding Limited ( (HK:1338) ) has issued an announcement.

BaWang International reported a 6.4% increase in total revenue for 2024, reaching approximately RMB253.0 million, with online sales contributing significantly to this growth. Despite the revenue increase, the company’s operating profit and net profit saw substantial declines of 49.1% and 51.9% respectively, leading the Board to decide against the payment of a final dividend.

More about BaWang International (Group) Holding Limited

BaWang International (Group) Holding Limited is incorporated in the Cayman Islands and operates in the consumer goods industry, focusing on the production and sale of personal care products. The company has a significant market presence in online sales channels.

YTD Price Performance: -12.00%

Average Trading Volume: 537,302

Technical Sentiment Signal: Buy

Current Market Cap: HK$139.1M

Learn more about 1338 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App