Kindstar Globalgene Technology, Inc. (HK:9960) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Kindstar Globalgene Technology, Inc. reported a decrease in revenue and net income for the first half of 2024 compared to the previous year, with a notable absence of COVID-19-related testing revenue. Gross profit margin declined due to investment in new products and expansion, contributing to a significant 75.8% drop in net income and a decrease in net margin from 8.8% to 2.2%.
For further insights into HK:9960 stock, check out TipRanks’ Stock Analysis page.