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MBV International Limited Reports Decrease in Revenue but Increased Profit for 2024

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MBV International Limited Reports Decrease in Revenue but Increased Profit for 2024

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MBV International Limited ( (HK:1957) ) just unveiled an update.

MBV International Limited announced a 4.8% decrease in revenue for the year ending December 31, 2024, totaling approximately RM200.9 million. Despite the revenue decline, the company’s profit attributable to owners increased, with earnings per share rising from RM3.28 to RM3.57 cents. The board decided not to declare any dividends for the year, reflecting a cautious approach amid financial fluctuations.

More about MBV International Limited

MBV International Limited is a company incorporated in the Cayman Islands, operating in an industry that involves the production and distribution of goods or services. The company, listed on the Hong Kong Stock Exchange, focuses on generating revenue through its various subsidiaries.

YTD Price Performance: -33.67%

Average Trading Volume: 722,076

Technical Sentiment Signal: Buy

Current Market Cap: HK$125M

See more insights into 1957 stock on TipRanks’ Stock Analysis page.

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