Plastec Technologies (PLTYF) has released an update.
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Plastec Technologies, Ltd. has reported stable financials for the first half of fiscal 2024, maintaining a cash and cash equivalents balance of $12.2 million and a consistent book value per share of $0.86. Despite operating with minimal operations, the company’s strong balance sheet and lean corporate structure have poised it to quickly capitalize on potential market opportunities. Net income saw a slightly positive shift from $35,000 to $64,000, indicating a steady financial position.
For further insights into PLTYF stock, check out TipRanks’ Stock Analysis page.
