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China Silver Group Ltd. ( (HK:0815) ) has provided an update.
China Silver Group Ltd. reported a 20.9% decrease in revenue for 2024, amounting to approximately RMB4,313.7 million, primarily due to reduced sales in its Manufacturing and New Jewellery Retail segments. Despite a decline in overall sales volume, the New Jewellery Retail segment saw increased profitability due to higher-margin silver product sales, while the Manufacturing segment experienced a slight increase in gross profit margin due to improved cost control. The Fresh Food Retail segment, which was discontinued in early 2025, faced a significant reduction in sales volume and increased impairment losses, contributing to a higher segment loss.
More about China Silver Group Ltd.
China Silver Group Ltd. is a company incorporated in the Cayman Islands, operating primarily in the manufacturing and retail sectors. The company focuses on the production and sale of silver and gold products, with a significant presence in the new jewellery retail market.
YTD Price Performance: 12.50%
Average Trading Volume: 16,901,841
Technical Sentiment Signal: Buy
Current Market Cap: HK$632.4M
For a thorough assessment of 0815 stock, go to TipRanks’ Stock Analysis page.