tiprankstipranks
Company Announcements

Hang Sang (Siu Po) Reports Strong Interim Financial Results

Story Highlights
Hang Sang (Siu Po) Reports Strong Interim Financial Results

The latest update is out from Hang Sang (Siu Po) International Holding Co. Ltd. ( (HK:3626) ).

Hang Sang (Siu Po) International Holding Co. Ltd. reported its unaudited financial results for the six months ended December 31, 2024, showing a significant increase in revenue to HK$46,902,000 from HK$28,377,000 in the same period of 2023. The company achieved a gross profit of HK$16,118,000, up from HK$8,388,000, and a total comprehensive income of HK$1,705,000, marking a turnaround from a loss of HK$3,387,000 in the previous year. This improvement reflects the company’s enhanced operational efficiency and market strategy, potentially strengthening its position in the industry and providing positive implications for its stakeholders.

More about Hang Sang (Siu Po) International Holding Co. Ltd.

Hang Sang (Siu Po) International Holding Co. Ltd. is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange. The company operates in the manufacturing industry, focusing on the production and sale of various products, with a market presence in Hong Kong.

YTD Price Performance: 18.42%

Average Trading Volume: 82,000

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$82.8M

For detailed information about 3626 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
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
1