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BAWANG GROUP: Annual Report 2024
Optimistic Investors Push BaWang International (Group) Holding Limited (HKG:1338) Shares Up 33% But Growth Is Lacking
BAWANG GROUP (01338.HK) has an estimated total revenue of approximately 0.253 billion yuan for the fiscal year 2024, reflecting an increase of about 6.4% year-on-year.
Gelonghui, March 28, BAWANG GROUP (01338.HK) announced that for the year 2024, the group's total operating revenue is about 253 million yuan, an increase of approximately 6.4% year-on-year. The annual net income attributable to shareholders is approximately 6.6 million yuan, compared to a net income attributable to shareholders of approximately 13.6 million yuan recorded in 2023, a decline of about 51.9%. Earnings per share—basic and diluted are both 0.2073 yuan.
BAWANG GROUP: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
Bawang Group (01338.HK): It is expected that the net income for the first ten months will significantly decrease.
Gelonghui, November 15th丨Bawang Group (01338.HK) announced that based on management's preliminary review of the operational performance for the ten months ending in 2024, compared to the same period in 2023, management expects the group's net income for the first ten months of 2024 to decline significantly. During the first ten months of 2024, the group's turnover will experience slight growth compared to the same period in 2023, while maintaining a relatively stable gross margin. This can be attributed to the group's efforts to use renewable cecep solar energy for our production facilities starting in 2024 to save production costs and the reduction in depreciation. However, even so, the group expects the first ten months of 2024...
Express News | BaWang International - Expected Result Due to Increased Investment Into Group's R&D Activities, Others
