Trigiant Group Ltd. ( (HK:1300) ) just unveiled an announcement.
Trigiant Group Ltd. reported its annual results for the year ended December 31, 2024, showing a slight increase in revenue to approximately RMB2,509.2 million despite a slowdown in telecommunication equipment procurement. The company managed to significantly reduce its annual loss to approximately RMB7.9 million, benefiting from decreased impairment losses on trade receivables. However, the gross profit margin decreased to 11.7%, and the board decided not to recommend a final dividend for the year.
More about Trigiant Group Ltd.
Trigiant Group Ltd. is a company operating in the telecommunications industry, focusing on the production and marketing of telecommunication equipment. The company is involved in the development and deployment of 5G infrastructure, which is a significant market focus.
YTD Price Performance: 6.67%
Average Trading Volume: 808,771
Technical Sentiment Signal: Buy
Current Market Cap: HK$573.3M
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