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Legend Holdings Returns to Profit in 2024; Shares Slide 4%

MT Newswires Live03-28

Legend Holdings (HKG:3396) returned to an attributable profit of 133.2 million yuan in 2024 from a loss of 3.87 billion yuan in 2023, according to a Friday filing with the Hong Kong bourse.

The information technology company's loss per diluted share narrowed to 0.01 yuan from 1.68 yuan in the previous year.

Revenue grew 18% to 512.8 billion yuan from 436.0 billion yuan a year earlier.

Shares fell 4% during Friday's afternoon trading.

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