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Hing Lee (HK) Holdings Limited ( (HK:0396) ) has issued an announcement.
Hing Lee (HK) Holdings Limited announced its audited consolidated results for the year ended December 31, 2024. The company reported a revenue increase to HK$113,869,000 from HK$94,213,000 in 2023, with a profit of HK$15,324,000 compared to a loss of HK$11,456,000 the previous year. This turnaround is attributed to a gain on the disposal of subsidiaries and reduced administrative expenses, indicating a positive impact on the company’s operations and financial health.
More about Hing Lee (HK) Holdings Limited
Hing Lee (HK) Holdings Limited is incorporated in the British Virgin Islands and re-domiciled in Bermuda. The company operates in the furniture industry, focusing on the design, manufacture, and sale of home furniture products.
YTD Price Performance: 2.22%
Average Trading Volume: 217,440
Technical Sentiment Signal: Sell
Current Market Cap: HK$74.34M
For detailed information about 0396 stock, go to TipRanks’ Stock Analysis page.