AV Concept Holdings Limited (HK:0595) has released an update.
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AV Concept Holdings Limited reported a substantial increase in revenue for the six months ending September 2024, driven primarily by its semiconductor distribution segment, which saw a rise from HK$381.4 million to HK$606.5 million. The company’s profit attributable to owners also grew significantly, reaching HK$56.3 million compared to HK$31.6 million in the previous year. This growth reflects the company’s strengthening financial position, with total assets rising and a low debt-to-equity ratio.
For further insights into HK:0595 stock, check out TipRanks’ Stock Analysis page.