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The latest update is out from Singamas Container Holdings ( (HK:0716) ).
Singamas Container Holdings Limited reported its annual results for the year ended December 31, 2024, showing a significant increase in revenue and profit compared to 2023. The company’s revenue rose to US$582.8 million from US$382.5 million, and profit attributable to owners increased to US$34.1 million from US$19.4 million. Despite facing higher distribution and administrative expenses, the company achieved a gross profit of US$92.8 million, reflecting its strong market position and operational efficiency. The comprehensive income for the year was US$32.4 million, indicating a positive outlook for stakeholders.
More about Singamas Container Holdings
Singamas Container Holdings Limited, incorporated in Hong Kong, operates in the container manufacturing industry. The company focuses on producing a variety of containers and related logistics services, catering to global shipping and logistics markets.
YTD Price Performance: -3.33%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $223.8M
For an in-depth examination of 0716 stock, go to TipRanks’ Stock Analysis page.