Infinity Development Holdings Co. Ltd. (HK:0640) has released an update.
Infinity Development Holdings Co. Ltd. reports a robust set of interim financial results for the six months ending on 31 March 2024, showcasing a significant increase in profit for the period, up to HK$40,991,000 from HK$27,539,000 in the previous year. The company’s revenue, while slightly decreased, still reflects a strong gross profit margin improvement, and earnings per share have risen from HK4.89 cents to HK7.28 cents. This performance indicates a positive outlook for the company’s financial growth and operational efficiency.
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