PanAsialum Sees Profit Rise Amid Revenue Dip
Company Announcements

PanAsialum Sees Profit Rise Amid Revenue Dip

PanAsialum Holdings Co. Ltd. (HK:2078) has released an update.

PanAsialum Holdings Co. Ltd. reported a 9.4% decrease in revenue for the first half of 2024, compared to the same period in 2023, with figures falling from HK$479.0 million to HK$433.9 million. However, the company experienced an increase in gross profit by 4.8% and a significant rise in profit attributable to owners, which was HK$5.9 million up from HK$0.5 million the previous year. The overall gross profit margin also improved by 2.3%.

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