tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

King Fook Holdings Reports Slight Revenue Increase

King Fook Holdings Reports Slight Revenue Increase

King Fook Holdings Limited (HK:0280) 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.

King Fook Holdings Limited reported its interim results for the six months ending September 2024, showing a modest increase in revenue to HK$387.3 million from HK$363.9 million in the same period last year. Despite higher costs and reduced operating profit, the company achieved a profit of HK$37.04 million, although this was a decrease from HK$43.74 million the previous year. The total comprehensive income, which considers changes in fair value of investments, was HK$39.76 million, slightly down from HK$43.69 million.

For further insights into HK:0280 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1