Ka Shui International Holdings Limited (HK:0822) has released an update.
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Ka Shui International Holdings Limited reported a revenue increase of 15.5% for the first half of 2024 compared to 2023, despite a substantial growth in losses for the same period. The company’s gross profit declined by 17.9%, and the loss attributable to owners surged by 130.8%, indicating significant challenges ahead. Basic loss per share more than doubled, highlighting increased financial pressures on the firm.
For further insights into HK:0822 stock, check out TipRanks’ Stock Analysis page.