Zall Smart Commerce's Profit More Than Doubles in 2024 as Revenue Jumps 30%; Shares Surge 18%

MT Newswires Live

04-01

Zall Smart Commerce Group's (HKG:2098) attributable net profit more than doubled to 129 million yuan in 2024 from 50.9 million yuan a year prior on the back of strong revenue, according to a Monday filing with the Hong Kong bourse.

The shopping mall developer and operator's earnings per share grew to 1.04 yuan from 0.41 yuan a year earlier.

Revenue jumped 30% to 162.4 billion yuan from 125.3 billion yuan.

Shares of the company surged more than 18% in recent trading.

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