EGL Holdings Company Limited (HK:6882) 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
EGL Holdings Company Limited reported a robust financial performance for the first half of 2024, with a significant 40.6% increase in revenue and a 64.9% surge in profits attributable to company owners compared to the same period in 2023. The company’s earnings per share also grew from 4.12 to 6.79 HK cents, indicating a strong upward trend in profitability. Despite this, there was a slight decrease in gross profit margin, but the company showed improvement in its gearing ratio, demonstrating a more stable financial position.
For further insights into HK:6882 stock, check out TipRanks’ Stock Analysis page.