AMTD Digital, Inc. Sponsored ADR (HKD) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
AMTD Digital Inc. reported a robust financial performance for the first half of the fiscal year, noting a profit increase to $30.1 million despite a challenging global economic climate marked by geopolitical uncertainties and a sluggish post-COVID recovery. Revenue was bolstered by $6.9 million from hotel, hospitality, and VIP services following the acquisition of AMTD Assets Group. The company’s strategic asset diversification and management’s efforts were credited for its resilience and solid interim results.
For further insights into HKD stock, check out TipRanks’ Stock Analysis page.