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Kingmaker Footwear Reports Significant Financial Downturn

Kingmaker Footwear Reports Significant Financial Downturn

Kingmaker Footwear Holdings (HK:1170) has released an update.

Kingmaker Footwear Holdings reported a significant financial downturn for the six months ending September 2024, with revenue decreasing by 14.9% and gross profit plunging 86.5% compared to the previous year. The company posted a loss of HK$12.9 million, contrasting sharply with a profit of HK$21.9 million in 2023, yet maintained a total dividend per share of HK$2.0.

For further insights into HK:1170 stock, check out TipRanks’ Stock Analysis page.

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