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An announcement from Maiyue Technology Limited ( (HK:2501) ) is now available.
Maiyue Technology Limited reported its annual results for the year ending December 31, 2024, showing a revenue increase of approximately 6% to RMB274.7 million. However, the company experienced a significant decline in profitability, with gross profit decreasing by 19.7% and net profit plummeting by 99.5%, resulting in a net profit margin of 0%. The board decided not to recommend any final dividend for the year, reflecting the challenging financial performance and potential implications for stakeholders.
More about Maiyue Technology Limited
Maiyue Technology Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It is listed on the Hong Kong Stock Exchange and focuses on providing technology solutions and services.
YTD Price Performance: 31.03%
Average Trading Volume: 271,056
Technical Sentiment Signal: Strong Sell
For a thorough assessment of 2501 stock, go to TipRanks’ Stock Analysis page.