Chuan Holdings Limited (HK:1420) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Chuan Holdings Limited has reported a net profit of S$2,371,000 for the first half of 2024, marking a notable increase from the S$1,739,000 recorded in the same period of the previous year. This improved performance is reflected in a higher basic earnings per share of 0.19 cents, up from 0.17 cents year-over-year. The company has seen a rise in gross profit despite a slight drop in revenue, demonstrating effective cost management and operational efficiency.
For further insights into HK:1420 stock, check out TipRanks’ Stock Analysis page.