Royale Home Holdings Limited ( (HK:1198) ) just unveiled an announcement.
Royale Home Holdings Limited reported its annual results for the year ended December 31, 2024, showing a significant decrease in revenue from RMB 827,916,000 in 2023 to RMB 525,607,000 in 2024. Despite a slight increase in gross profit, the company faced a substantial loss for the year, amounting to RMB 348,306,000, attributed to increased finance costs and provisions for expected credit losses. This financial performance may impact the company’s market positioning and stakeholder confidence.
More about Royale Home Holdings Limited
Royale Home Holdings Limited is a company incorporated in the Cayman Islands, focusing on the home furnishings industry. It operates through its subsidiaries, providing a range of home-related products and services.
YTD Price Performance: -24.14%
Average Trading Volume: 144,149
Technical Sentiment Signal: Buy
Current Market Cap: HK$571.7M
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