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Wai Chi Holdings Reports Increased Revenue
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Wai Chi Holdings Reports Increased Revenue

Wai Chi Holdings Co., Ltd. (HK:1305) has released an update.

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Wai Chi Holdings Company Limited reports a rise in revenue to HK$1.17 billion for the first half of 2024, an increase from the previous year’s HK$858 million. However, the company saw a slight decrease in profit attributable to owners, down to HK$23.97 million from HK$24.13 million, alongside a reduction in gross profit margin from 13.1% to 11.3%. These interim results reflect both growth and challenges faced by the company in the competitive market.

For further insights into HK:1305 stock, check out TipRanks’ Stock Analysis page.

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