tiprankstipranks
AV Concept Holdings Sees Strong Revenue Growth
Company Announcements

AV Concept Holdings Sees Strong Revenue Growth

AV Concept Holdings Limited (HK:0595) has released an update.

Don't Miss our Black Friday Offers:

AV Concept Holdings Limited reported a substantial increase in revenue for the six months ending September 2024, driven primarily by its semiconductor distribution segment, which saw a rise from HK$381.4 million to HK$606.5 million. The company’s profit attributable to owners also grew significantly, reaching HK$56.3 million compared to HK$31.6 million in the previous year. This growth reflects the company’s strengthening financial position, with total assets rising and a low debt-to-equity ratio.

For further insights into HK:0595 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App