Hong Kong Food Investment Holdings Limited (HK:0060) has released an update.
Elevate Your Investing Strategy:
- 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.
Hong Kong Food Investment Holdings Limited reported a narrowed loss of HK$6.47 million for the six months ended September 2024, compared to HK$7.02 million in the previous year. The company’s revenue declined to HK$99.48 million, down from HK$110.58 million, amid decreasing gross profit. Despite these challenges, the reduction in loss suggests potential for recovery as cost management and other income improved.
For further insights into HK:0060 stock, check out TipRanks’ Stock Analysis page.