Smoore International Holdings Limited (HK:6969) 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
Smoore International Holdings Limited has reported a slight decrease in revenue by 1.7% and a 4.8% drop in profit for the first half of 2024 compared to the same period in the previous year. Despite the dip in profit, the company saw a 3.2% rise in gross profit and a considerable 22.6% increase in cash and cash equivalents. The company’s total assets grew by 4.0%, though there was a marginal decline in total equity by 0.4%.
For further insights into HK:6969 stock, check out TipRanks’ Stock Analysis page.