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Xingfa Aluminium Reports Revenue Growth and Increased Shareholder Profit for 2024

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Xingfa Aluminium Holdings Ltd. ( (HK:0098) ) has provided an update.

Xingfa Aluminium Holdings Ltd. announced its financial results for the year ended December 31, 2024, reporting an 8.7% increase in revenue to approximately RMB18,854.6 million and a 6.8% rise in sales volume. Despite a decrease in gross profit by 11.4%, the profit attributable to shareholders increased by 2.7% to RMB826.0 million, with earnings per share rising to RMB1.96. The board recommended a final dividend of HKD0.64 per ordinary share, maintaining the previous year’s dividend level.

More about Xingfa Aluminium Holdings Ltd.

Xingfa Aluminium Holdings Ltd. is a company incorporated in the Cayman Islands, primarily operating in the aluminium industry. The company focuses on the production and sales of aluminium products, catering to various market needs.

YTD Price Performance: 14.29%

Average Trading Volume: 28,466

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$3.37B

Find detailed analytics on 0098 stock on TipRanks’ Stock Analysis page.

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