Hong Kong Food Investment Holdings Limited (HK:0060) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
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.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue