K&P International Narrows Losses in 2024 H1
Company Announcements

K&P International Narrows Losses in 2024 H1

K&P International Holdings Ltd. (HK:0675) has released an update.

K&P International Holdings Limited reported a loss of HK$10.8 million for the first half of 2024, a notable improvement from the HK$24.1 million loss in the same period last year. Despite a decrease in revenue, the company succeeded in reducing its losses, as evidenced by a lower loss per share of HK4.05 cents compared to HK9.04 cents previously. The unaudited financial results also show a decrease in comprehensive loss for the period, signaling a potential turnaround for the company.

For further insights into HK:0675 stock, check out TipRanks’ Stock Analysis page.

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