tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lai Si Enterprise Holding Limited Reports Strong Financial Recovery in 2024

Story Highlights
Lai Si Enterprise Holding Limited Reports Strong Financial Recovery in 2024

Elevate Your Investing Strategy:

The latest update is out from Lai Si Enterprise Holding Ltd. ( (HK:2266) ).

Lai Si Enterprise Holding Limited reported a significant improvement in its financial performance for the year ended December 31, 2024. The company achieved a 136% increase in revenue to MOP 208,136 thousand and a 236.3% rise in gross profit to MOP 49,508 thousand. This positive financial turnaround resulted in a profit attributable to owners of MOP 24,099 thousand, compared to a loss in the previous year. The board has proposed a final dividend, reflecting the company’s strengthened financial position and commitment to returning value to shareholders.

More about Lai Si Enterprise Holding Ltd.

Lai Si Enterprise Holding Limited is a company incorporated in the Cayman Islands, operating within the construction and engineering industry. The company is primarily focused on providing interior fitting-out, renovation, and maintenance services in Macau.

YTD Price Performance: 8.33%

Average Trading Volume: 171,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$99.6M

For an in-depth examination of 2266 stock, go to 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