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Kam Hing International Swings to Profit

Kam Hing International Swings to Profit

Kam Hing International Holdings Limited (HK:2307) has released an update.

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Kam Hing International Holdings Limited has reported a turnaround with a profit of HK$3,970,000 for the six months ended 30 June 2024, in contrast to a loss in the same period last year. The company saw an increase in revenue to HK$1.81 billion, up from HK$1.72 billion, while managing to reduce finance costs and administrative expenses. No interim dividend was declared, maintaining the same approach as the previous year.

For further insights into HK:2307 stock, check out TipRanks’ Stock Analysis page.

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