Embry Holdings Navigates Loss with Strong E-commerce Growth
Company Announcements

Embry Holdings Navigates Loss with Strong E-commerce Growth

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

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.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App