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FIT Hon Teng Limited Reports Strong H1 2024 Growth

FIT Hon Teng Limited Reports Strong H1 2024 Growth

FIT Hon Teng Limited (HK:6088) has released an update.

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FIT Hon Teng Limited, also known as Foxconn Interconnect Technology, reported a significant turnaround in their financial results for the first half of 2024, with a revenue jump of 15.9% to US$2,067 million and a profit of US$33 million, compared to a loss in the same period last year. The earnings per share also reflected this positive shift, with a reported US0.46 cents against a loss per share previously. However, the Board has decided not to declare an interim dividend for this period.

For further insights into HK:6088 stock, check out TipRanks’ Stock Analysis page.

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