Pak Tak International Reports Narrower Loss

Pak Tak International Limited (HK:2668) has released an update.

Pak Tak International Limited reported a loss for the six-month period ending June 30, 2024, with a significant increase in revenue to HKD 378,542,000 compared to HKD 79,501,000 in the previous year. Despite the revenue hike, the company faced a loss of HKD 36,808,000, a slight improvement from the HKD 74,171,000 loss reported in 2023. The results reflect challenges including increased direct costs, operating expenses, and finance costs, although the loss per share decreased from 1.90 HK cents to 0.79 HK cents.

For further insights into HK:2668 stock, check out TipRanks’ Stock Analysis page.