Summary by Moomoo AI
Swire Group announced its annual performance report for 2024, with revenue of 0.876 billion HKD, a year-on-year decrease of 26.9%; gross profit of 0.233 billion HKD, a year-on-year decrease of 27.5%; and net profit recorded at 3.24 million HKD, a significant drop of 98.9% compared to the previous year. As of December 31, 2024, the group’s total assets amounted to 1.006 billion HKD, a year-on-year increase of 1.7%; net assets stood at 0.489 billion HKD, a year-on-year decrease of 10%.During the reporting period, the company undertook several management changes, including Hu Yang and Liang Yan being appointed as non-executive directors in January 2025 and September 2024, respectively, while Zhang Yalian and Cao Weiyong stepped down accordingly. The Board of Directors approved the financial statements...Show More
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