tiprankstipranks
Trending News
More News >

Lai Si Enterprise Holding Limited Reports Strong Financial Recovery in 2024

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

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