Raymond Industrial Limited (HK:0229) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Raymond Industrial Limited reported a decline in revenue and gross profit for the six months ending June 30, 2024, compared to the same period the previous year, despite a slight increase in other revenue. Selling expenses rose while general and administrative expenses decreased, resulting in a modest increase in profit for the period attributable to shareholders. The earnings per share saw a minor uptick from 5.12 to 5.35 HK cents.
For further insights into HK:0229 stock, check out TipRanks’ Stock Analysis page.