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Daido Group Limited ( (HK:0544) ) has issued an update.
Daido Group Limited announced its audited consolidated results for the year ended 31 December 2024, reporting a significant decline in total revenue from HK$298.4 million in 2023 to HK$219.4 million in 2024. The company experienced a loss before tax of HK$40.2 million, a stark contrast to the previous year’s profit of HK$15.4 million, indicating challenges in its operational performance, which may impact stakeholders and its market positioning.
More about Daido Group Limited
Daido Group Limited is a company incorporated in Bermuda, primarily engaged in the provision of cold storage and related services, as well as trading and sales of food and beverages.
YTD Price Performance: -26.67%
Average Trading Volume: 240,371
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.15M
See more insights into 0544 stock on TipRanks’ Stock Analysis page.