Hong Kong Food Investment Holdings Limited (HK:0060) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.