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Kam Hing International Reports Strong Financial Turnaround in 2024

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Kam Hing International Reports Strong Financial Turnaround in 2024

Confident Investing Starts Here:

Kam Hing International Holdings Limited ( (HK:2307) ) has issued an announcement.

Kam Hing International Holdings Limited announced its annual results for the year ended 31 December 2024, reporting a 6.1% increase in revenue to HK$3,824.3 million and a significant rise in gross profit by 43.1% to HK$422.4 million. The company achieved a net profit of HK$28.2 million, a notable improvement from the previous year’s net loss of HK$132.9 million, and proposed a final dividend of HK0.7 cent per ordinary share, reflecting a positive turnaround in its financial performance.

More about Kam Hing International Holdings Limited

Kam Hing International Holdings Limited is a company incorporated in the Cayman Islands with limited liability, operating in the textile industry. The company and its subsidiaries focus on the production and sale of textile products.

Technical Sentiment Signal: Buy

Current Market Cap: €14.35M

For an in-depth examination of 2307 stock, go to TipRanks’ Stock Analysis page.

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