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China-Hongkong Photo Reports Revenue Decline Amid Stable Finances

China-Hongkong Photo Reports Revenue Decline Amid Stable Finances

China-Hongkong Photo Products Holdings Limited (HK:1123) has released an update.

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China-Hongkong Photo Products Holdings Limited reported a 7.5% decline in revenue to HK$536 million and a sharp drop in net profit attributable to shareholders to HK$7.1 million for the six months ending September 2024. Despite the dip, the company’s overall financial health remains robust with cash and bank balances of HK$274 million. However, the board has decided against declaring an interim dividend.

For further insights into HK:1123 stock, check out TipRanks’ Stock Analysis page.

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