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Acme International Faces Profit Drop in H1 2024

Acme International Faces Profit Drop in H1 2024

Acme International Holdings Limited (HK:1870) has released an update.

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Acme International Holdings Limited reported a decline in profit and gross profit margin for the first half of 2024 compared to the same period in 2023, despite an increase in revenue. The company’s latest financial results show a decrease in earnings per share from 1.58 HK cents to 0.74 HK cents. These interim results highlight challenges in cost management and profitability for the group.

For further insights into HK:1870 stock, check out TipRanks’ Stock Analysis page.

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