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Elate Holdings Limited Announces Robust Financial Performance for 2024

Story Highlights
  • Elate Holdings Limited reported a significant revenue increase to US$431,082,000 in 2024.
  • The company’s profit from operating activities rose to US$42,283,000, reflecting strong financial performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elate Holdings Limited ( (HK:0076) ) just unveiled an announcement.

Elate Holdings Limited reported its audited consolidated results for the year ended December 31, 2024. The company achieved a significant increase in revenue, reaching US$431,082,000 compared to US$105,682,000 in 2023. The profit from operating activities rose substantially to US$42,283,000 from US$2,001,000 the previous year, indicating a strong financial performance. The earnings per share also saw a notable increase, reflecting the company’s improved profitability. This financial growth positions Elate Holdings favorably within its industry, potentially enhancing stakeholder confidence and market positioning.

More about Elate Holdings Limited

Elate Holdings Limited is a company incorporated in Hong Kong, operating with limited liability. The company is listed on the Hong Kong Stock Exchange under the stock code 076.

YTD Price Performance: -32.50%

Technical Sentiment Signal: Buy

Current Market Cap: €13.79M

Learn more about 0076 stock on TipRanks’ Stock Analysis page.

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