Summary by Moomoo AI
GRAPHEX GROUP announced its annual performance for the year ending December 31, 2024. During this period, total revenue fell by 36% year-on-year to 0.188 billion HKD, with the loss attributable to equity holders of the parent company narrowing by 2% to 0.111 billion HKD. The basic loss per share was 11.5 HK cents, an improvement of 22% compared to 14.8 HK cents in the same period last year.Revenue from the Graphene products segment decreased by 40% to 0.118 billion HKD, accounting for 63% of total revenue, while adjusted EBITDA fell by 54% to 17.7 million HKD. Revenue in the landscape design segment decreased by 28% to 69.9 million HKD, representing 37% of total revenue, but gross margin increased by 15 percentage points to 58%. The total production of spheroid graphite during the period was approximately 0.01 million...Show More
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