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Ming Fai International Holdings Reports Strong Financial Growth in 2024

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Ming Fai International Holdings Reports Strong Financial Growth in 2024

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The latest update is out from Ming Fai International Holdings ( (HK:3828) ).

Ming Fai International Holdings reported a strong financial performance for the year ended December 31, 2024, with a revenue increase of 11.8% to approximately HK$2,311.3 million and a gross profit rise of 15.6% to HK$579.9 million. The company also saw an increase in its gross profit margin and operating profit, alongside a proposed final dividend increase, reflecting a positive impact on its financial health and shareholder returns.

More about Ming Fai International Holdings

Ming Fai International Holdings Limited is a company incorporated in the Cayman Islands with limited liability, operating in the industry of manufacturing and distributing hospitality products. The company focuses on providing a range of products and services to the hospitality sector, including amenities and accessories.

YTD Price Performance: 27.27%

Average Trading Volume: 504,754

Technical Sentiment Signal: Sell

Current Market Cap: HK$714.3M

See more insights into 3828 stock on TipRanks’ Stock Analysis page.

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