EGL Holdings Reports Strong H1 2024 Growth

EGL Holdings Company Limited (HK:6882) has released an update.

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.

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