Sitoy Group Reports Interim Loss Amid Stable Revenue

Sitoy Group Holdings Limited ( (HK:1023) ) just unveiled an announcement.

Sitoy Group Holdings Limited reported its interim results for the six months ending December 31, 2024. The company’s revenue remained stable at approximately HK$813.7 million, but it faced a decline in gross profit by 4.1% compared to the previous year. The company reported a loss of approximately HK$67.1 million, contrasting with a profit of HK$53.6 million in the same period of 2023. Despite the financial downturn, the company declared an interim dividend of HK2 cents per share.

More about Sitoy Group Holdings Limited

Sitoy Group Holdings Limited is a company incorporated in the Cayman Islands, focusing on the production and sale of leather goods. It operates within the luxury goods industry, offering a range of products that cater to the global market.

YTD Price Performance: 1.89%

Average Trading Volume: 431,125

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$519.9M

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