Fire Rock Holdings Faces Sharp Profit Decline
Company Announcements

Fire Rock Holdings Faces Sharp Profit Decline

Fire Rock Holdings Ltd (HK:1909) has released an update.

Fire Rock Holdings Ltd reported a substantial decline in profits for the first half of 2024, with earnings plummeting by 97.6% compared to the same period last year. Revenue also saw a slight decrease of 2.3%, and the company has decided not to issue an interim dividend. The overall performance reflects a marked downturn with the earnings per share dropping from 15.15 HKD cents to just 0.18 HKD cents.

For further insights into HK:1909 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