K&P International Holdings Ltd. (HK:0675) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for 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
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.