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Kin Pang Holdings Posts Widening H1 Losses
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Kin Pang Holdings Posts Widening H1 Losses

Kin Pang Holdings Ltd. (HK:1722) has released an update.

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Kin Pang Holdings Ltd. has released its unaudited interim financial results for the first half of 2024, revealing a widening loss with a total comprehensive loss for the period at MOP 11,248,000 compared to MOP 6,772,000 in the previous year. The report highlights a significant increase in revenue to MOP 338,279,000, up from MOP 212,986,000, but this was offset by higher direct costs and administrative expenses, leading to an operating loss of MOP 9,458,000.

For further insights into HK:1722 stock, check out TipRanks’ Stock Analysis page.

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