Anchun International Holdings Ltd. Reports Strong Revenue Growth in FY2024
Anchun International Holdings Ltd. reported a 32.7% revenue increase for FY2024, mainly due to a 45% rise in its chemical systems and components business. The company also saw a 358% increase in net profit, despite slower demand in its catalyst and engineering services segments. This performance suggests structural growth and a positive outlook for stakeholders. The current market cap is S$15.66M, with a YTD price performance of 1.56%.
Anchun International Holdings Ltd. ( (SG:BTX) ) has shared an announcement.
Anchun International Holdings Ltd. reported a 32.7% increase in revenue for FY2024, driven primarily by a 45% surge in its chemical systems and components business. Despite slower demand impacting its catalyst and engineering services segments, the company achieved a 358% rise in net profit, indicating potential structural growth and a promising future outlook for stakeholders.
More about Anchun International Holdings Ltd.
Anchun International Holdings Ltd. operates in the chemical industry, focusing on chemical systems and components. The company also provides catalyst and engineering services, with a significant market presence in these sectors.
YTD Price Performance: 1.56%
Average Trading Volume: 18,074
Technical Sentiment Signal: Sell
Current Market Cap: S$15.66M
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