Golik Holdings Limited (HK:1118) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Golik Holdings Limited reported a modest increase in profits for the first half of 2024, with a gross profit of HK$321,050,000 compared to HK$282,599,000 in the same period of 2023. Despite a decrease in revenue year-over-year, the company managed to reduce its finance costs and other expenses, resulting in a total comprehensive income of HK$67,916,000, an improvement from the previous year’s HK$54,889,000. These unaudited consolidated results suggest a resilient performance amidst challenging market conditions.
For further insights into HK:1118 stock, check out TipRanks’ Stock Analysis page.