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Min Xin Holdings Reports 122.5% Profit Surge for 2024

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Min Xin Holdings Reports 122.5% Profit Surge for 2024

Confident Investing Starts Here:

Min Xin Holdings Limited ( (HK:0222) ) has shared an update.

Min Xin Holdings Limited reported a significant increase in profit attributable to shareholders, amounting to HK$87.7 million, a 122.5% rise from the previous year. Despite the profit surge, the company experienced a slight decrease in total assets and equity. The financial results indicate a robust performance in operating income and share of results from associates, which contributed to the overall profit growth, underscoring the company’s strong market positioning and potential positive implications for stakeholders.

More about Min Xin Holdings Limited

Min Xin Holdings Limited operates in the financial services industry, focusing on insurance, investment properties, and financial asset management. The company generates revenue through insurance services, interest income, rental income, and dividends from financial assets.

YTD Price Performance: -3.33%

Technical Sentiment Signal: Buy

Current Market Cap: €156.2M

For a thorough assessment of 0222 stock, go to TipRanks’ Stock Analysis page.

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