Litu Holdings Reports Profitable First Half of 2024
Company Announcements

Litu Holdings Reports Profitable First Half of 2024

Litu Holdings Limited (HK:1008) has released an update.

Litu Holdings Limited has reported a significant turnaround in financial performance for the first half of 2024, with a profit of HK$27,579,000 compared to a loss of HK$51,657,000 in the same period last year. The company saw an increase in gross profit and a decrease in losses from discontinued operations. Despite this positive operational performance, the company experienced a comprehensive loss of HK$17,620,000 due to exchange differences.

For further insights into HK:1008 stock, check out TipRanks’ Stock Analysis page.

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