Kinergy Corporation Ltd. (HK:3302) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Kinergy Corporation Ltd. reports significant financial growth in its latest interim results, with revenue jumping 16.2% and a swing from a loss to a profit of S$2,894,000 for the first half of 2024. This remarkable turnaround is underscored by a 265% increase in EBITDA compared to the same period last year. The firm’s successful half-year performance reflects robust sales and strategic gains, marking a positive outlook for stakeholders.
For further insights into HK:3302 stock, check out TipRanks’ Stock Analysis page.