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Hongda High-Tech Holding Co.,Ltd.'s (SZSE:002144) Shares Climb 28% But Its Business Is Yet to Catch Up
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HTC Hi-Tech: 2024 Annual Report Summary
HTC Hi-Tech: 2024 Annual Report
Hongda High-Tech Holding (002144.SZ): Net income for 2024 is 27.9445 million yuan, a year-on-year decrease of 66.03%.
On April 25, Gelonghui reported that Hongda High-Tech Holding (002144.SZ) announced its annual report for 2024. During the reporting period, the company achieved revenue of 0.618 billion yuan, an increase of 15.53% compared to the previous year. This report period included a first-time impairment provision of 77.2271 million yuan for long-term Private Equity investment in Haining Hongda Microfinance Co., Ltd., which impacted the net income attributable to shareholders of the listed company, amounting to 27.9445 million yuan, a decrease of 66.03% compared to the previous year. Excluding the impact of this long-term Private Equity impairment, the company's net income attributable to the parent for the reporting period should be 93.5875 million yuan.