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Okura Holdings Reports Decline in Interim Financial Results

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Okura Holdings Reports Decline in Interim Financial Results

Okura Holdings Limited ( (HK:1655) ) has shared an announcement.

Okura Holdings Limited reported a decrease in financial performance for the six months ended December 31, 2024. The company experienced declines in gross pay-ins, revenue, and operating profit, with operating profit dropping by approximately 42.5% and profit before income tax decreasing by 44.1%. The profit attributable to shareholders also fell significantly by 54.7%, and the board decided not to recommend an interim dividend. These results indicate a challenging period for the company, potentially impacting its market positioning and stakeholder confidence.

More about Okura Holdings Limited

Okura Holdings Limited is a company incorporated in Hong Kong, operating within the entertainment industry. It focuses primarily on managing and operating pachinko halls, a popular form of recreational activity in Japan.

YTD Price Performance: 4.17%

Average Trading Volume: 313,369

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$75M

Find detailed analytics on 1655 stock on TipRanks’ Stock Analysis page.

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