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CWT International Reports Strong Financial Performance for 2024

Story Highlights
  • CWT International’s profit from continuing operations rose significantly in 2024.
  • The company’s revenue increased to HK$38.9 billion, showing strong operational performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from CWT International Limited ( (HK:0521) ).

CWT International Limited announced its consolidated financial results for the year ending December 31, 2024, reporting a significant increase in profit from continuing operations to HK$348.3 million compared to HK$57.7 million in 2023. The company’s revenue rose to HK$38.9 billion, driven by improved gross profit and other income, despite facing challenges such as increased finance costs and administrative expenses. The results reflect a strong operational performance, positioning the company favorably within its industry and indicating potential positive implications for stakeholders.

More about CWT International Limited

CWT International Limited, incorporated in Hong Kong, operates with a focus on providing a range of services and products across various sectors. The company is involved in logistics, commodity marketing, engineering services, and financial services, catering to a diverse market segment.

Technical Sentiment Signal: Sell

Current Market Cap: €137.2M

For detailed information about 0521 stock, go to TipRanks’ Stock Analysis page.

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