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Buyang International Holding Inc ( (HK:2457) ) has provided an announcement.
Buyang International Holding Inc, a company incorporated in the Cayman Islands, announced its audited consolidated financial results for the year ending December 31, 2024. The company reported a revenue increase of 6.79% to RMB392.0 million compared to the previous year. However, the profit for the year significantly decreased by 53.58% to RMB19.2 million, with a net profit margin drop from 11.3% to 4.9%. The total comprehensive income also fell by 51.97% to RMB19.6 million. Consequently, the Board decided not to recommend the payment of a final dividend for the year 2024.
More about Buyang International Holding Inc
YTD Price Performance: 20.83%
Average Trading Volume: 415,181
Technical Sentiment Signal: Strong Sell
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