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Neo-Neon Holdings Reports Increased Profit Despite Revenue Decline

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An announcement from Neo Neon Holdings ( (HK:1868) ) is now available.

Neo-Neon Holdings Limited announced its annual results for the year ended December 31, 2024, reporting a revenue of RMB 746,140,000, a decrease from the previous year. Despite the decline in revenue, the company achieved a profit increase, with profit for the year rising to RMB 37,918,000, attributed to cost management and a reversal of impairment provisions, indicating a positive impact on its financial health and potential stability for stakeholders.

More about Neo Neon Holdings

Neo-Neon Holdings Limited, incorporated in the Cayman Islands, operates in the lighting industry, focusing on the production and distribution of lighting products and solutions.

See more data about 1868 stock on TipRanks’ Stock Analysis page.

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