tiprankstipranks
Envision Greenwise Sees Revenue Growth Amid Losses
Company Announcements

Envision Greenwise Sees Revenue Growth Amid Losses

Golden Ponder Holdings Limited (HK:1783) has released an update.

Don't Miss our Black Friday Offers:

Envision Greenwise Holdings Limited reported a 4.5% increase in revenue to HK$248.2 million for the six months ending September 2024, while gross profit surged by 323.9% to HK$44.4 million. Despite these gains, the company recorded a loss of HK$26.6 million attributable to its owners, with adjusted EBITDA turning positive from a loss of HK$13.8 million to a profit of HK$15.9 million. The board decided not to declare an interim dividend for this period.

For further insights into HK:1783 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