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Hing Lee (HK) Holdings Limited ( (HK:0396) ) has shared an announcement.
Hing Lee (HK) Holdings Limited reported its unaudited condensed consolidated interim results for the six months ending June 30, 2025. The company experienced a decline in turnover from HK$61,530,000 in 2024 to HK$50,446,000 in 2025, but managed to increase its profit for the period to HK$2,598,000 from HK$1,060,000 in the previous year. This improvement in profitability, despite lower sales, was attributed to reduced administrative expenses and finance costs. The announcement indicates a strategic focus on cost management, which has positively impacted the company’s financial performance.
More about Hing Lee (HK) Holdings Limited
Hing Lee (HK) Holdings Limited is a company incorporated in the British Virgin Islands and re-domiciled in Bermuda. It operates in the manufacturing industry, focusing on producing and distributing furniture products. The company is listed on the Hong Kong Stock Exchange under the stock code 396.
Average Trading Volume: 381,333
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$81.62M
See more insights into 0396 stock on TipRanks’ Stock Analysis page.