Golden Power Group Holdings Ltd. (HK:3919) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Golden Power Group Holdings Ltd. reported a revenue increase of 27.24% to HK$157.55 million for the first half of 2024, while narrowing its loss to HK$2.87 million compared to the same period last year. Despite the improved revenue and gross profit margin, which rose due to lower production costs and increased automation, the company decided not to issue an interim dividend. The reduced loss per share from HK(2.41) to HK(0.53) cents reflects the company’s recovery and cost management efforts.
For further insights into HK:3919 stock, check out TipRanks’ Stock Analysis page.