Sun Hing Printing’s Profits and Revenue Decline

Sun Hing Printing Holdings Limited (HK:1975) has released an update.

Sun Hing Printing Holdings Limited reports a significant dip in annual profits and revenue for the fiscal year ending June 30, 2024, compared to the previous year. The company’s profit has decreased from HK$77,486,000 to HK$17,145,000, alongside a revenue fall from HK$534,445,000 to HK$296,242,000. Despite reduced costs and a slight increase in other income, the earnings per share have also dropped from 16.14 HK cents to 3.57 HK cents.

For further insights into HK:1975 stock, check out TipRanks’ Stock Analysis page.