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Founder Holdings Narrows Losses in First Half of 2024
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Founder Holdings Narrows Losses in First Half of 2024

Founder Holdings (HK:0418) has released an update.

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Founder Holdings Limited reported a narrowed loss for the first half of 2024 compared to the same period in 2023, recording a loss of HK$4,402 thousand down from HK$26,887 thousand. The company also saw a slight increase in revenue year-over-year, but suffered a net comprehensive loss of HK$10,640 thousand due to other comprehensive losses. These interim financial results are unaudited but have been reviewed by the company’s audit committee.

For further insights into HK:0418 stock, check out TipRanks’ Stock Analysis page.

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