Ming Shing Group Holdings Limited ( (MSW) ) just unveiled an announcement.
Ming Shing Group Holdings Limited announced its unaudited financial results for the six months ended September 30, 2024, showing a 31.8% increase in total revenue to $17.4 million, driven by more project awards. Despite this growth, net income decreased by 2.7% due to higher interest costs. The company, which listed on Nasdaq in November 2024, sees this as a milestone and plans to leverage its expertise to capture growth in the Hong Kong wet trades market.
More about Ming Shing Group Holdings Limited
Ming Shing Group Holdings Limited is a Hong Kong-based company specializing in wet trades works, including plastering, tile laying, brick laying, floor screeding, and marble works. The company operates through its subsidiaries, MS (HK) Engineering Limited and MS Engineering Co., Limited, focusing on both private and public sector projects in Hong Kong.
YTD Price Performance: -14.59%
Average Trading Volume: 358,340
Learn more about MSW stock on TipRanks’ Stock Analysis page.