Home Control Reports Profit Surge in First Half of 2024

Home Control International Limited (HK:1747) has released an update.

Home Control International Limited has reported a substantial turnaround with a net profit of US$3,208,000 for the first half of 2024, compared to a net loss in the same period of 2023. This improvement is after accounting for non-recurring restructuring and severance costs, with an adjusted net profit showing an increase from US$544,000 to US$3,753,000. Revenue also increased to US$52,107,000, signaling a positive shift in the company’s financial performance.

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