Wing Chi Holdings Limited (HK:6080) 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
Wing Chi Holdings Limited reported a significant 58.1% increase in revenue to HK$396.9 million for the six months ending September 2024, driven by economic improvement in Hong Kong and efficient cost control measures. Despite a slight drop in gross profit margin, the company’s net profit more than doubled to HK$4.6 million. However, the Board has decided against declaring an interim dividend for this period.
For further insights into HK:6080 stock, check out TipRanks’ Stock Analysis page.