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Founder Holdings Reports Decline in 2024 Financial Results

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Founder Holdings Reports Decline in 2024 Financial Results

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The latest update is out from Founder Holdings ( (HK:0418) ).

Founder Holdings Limited announced its consolidated financial results for the year ended December 31, 2024, reporting a decrease in revenue from HK$982,029,000 in 2023 to HK$924,854,000 in 2024. The company’s profit for the year also declined from HK$59,756,000 to HK$47,856,000, reflecting challenges in maintaining profitability amidst rising costs and competitive market conditions.

More about Founder Holdings

Founder Holdings Limited is a company incorporated in Bermuda with limited liability, operating in the technology and software industry. The company focuses on providing innovative software solutions and services, catering to various market needs.

YTD Price Performance: -32.31%

Average Trading Volume: 2,291

Technical Sentiment Signal: Sell

Current Market Cap: $126.5M

See more data about 0418 stock on TipRanks’ Stock Analysis page.

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