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Huisen Household Reports Significant Financial Losses in 2024

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Huisen Household Reports Significant Financial Losses in 2024

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An update from Huisen Household International Group Limited ( (HK:2127) ) is now available.

Huisen Household International Group Limited reported a significant decline in revenue and profit for the twelve months ending December 31, 2024. Revenue decreased by 72.3% to approximately RMB1.01 billion, and the company experienced a substantial loss of RMB1,682.5 million compared to a profit in the previous year. The financial downturn is attributed to increased costs and other financial losses, impacting the company’s market position and potentially affecting stakeholders’ confidence.

More about Huisen Household International Group Limited

Huisen Household International Group Limited is a company incorporated in the Cayman Islands, operating in the household goods industry. The company focuses on manufacturing and distributing a variety of household products.

YTD Price Performance: -13.33%

Average Trading Volume: 6,334,813

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$95.76M

Find detailed analytics on 2127 stock on TipRanks’ Stock Analysis page.

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