tiprankstipranks
Company Announcements

HKTV Company Reports Ecommerce Growth in July 2024

HKTV Company Reports Ecommerce Growth in July 2024

Hong Kong Television Network (DE:XHN1) has released an update.

Hong Kong Technology Venture Company Limited reported a stable performance in their Hong Kong Ecommerce business for July 2024, with a slight increase in average daily gross merchandise value to HK$22.6 million and a monthly total of HK$700 million. The company also saw an uptick in unique customers to 615,000, though the number of monthly active HKTVmall App users remained steady at around 1.63 million. The board advises shareholders and potential investors to consider that these unaudited figures, based on preliminary internal information, may not reflect the final audited financial statements.

For further insights into DE:XHN1 stock, check out TipRanks’ Stock Analysis page.

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

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