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Lever Style Corp Reports Decreased Earnings

Lever Style Corp Reports Decreased Earnings

Lever Style Corp. (HK:1346) has released an update.

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Lever Style Corporation reported a decrease in profit for the first half of 2024, with unaudited consolidated financial results showing earnings of $4.3 million compared to $5.8 million for the same period the previous year. Revenue dropped from $100.2 million in 2023 to $95.3 million in the reporting period, amid a reduction in cost of sales and operating expenses. The earnings per share also fell from 0.92 US cents to 0.68 US cents.

For further insights into HK:1346 stock, check out TipRanks’ Stock Analysis page.

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