Alltronics Holdings Reports Reduced Mid-Year Profits

Alltronics Holdings (HK:0833) has released an update.

Alltronics Holdings Limited has released its unaudited interim financial results for the first half of 2024, reporting a decrease in revenue and profit compared to the same period last year. The company saw a drop in gross profit from HK$136,241,000 in 2023 to HK$99,086,000 in 2024, with overall profit for the period falling from HK$55,239,000 to HK$40,502,000. The basic and diluted earnings per share also decreased from 11.0 HK cents to 7.6 HK cents.

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