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Embry Holdings Navigates Loss with Strong E-commerce Growth

Embry Holdings Navigates Loss with Strong E-commerce Growth

Embry Holdings Limited (HK:1388) has released an update.

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Embry Holdings Limited reported a revenue of HK$631.4 million and a gross profit margin increase to 75.8% for the first half of 2024, despite a loss of HK$82.2 million due to non-recurring items and investment value declines. The company successfully leveraged celebrity endorsements and enhanced e-commerce operations, which resulted in a 6.8% increase in online sales.

For further insights into HK:1388 stock, check out TipRanks’ Stock Analysis page.

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