Perennial International (HK:0725) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Perennial International Limited reported an increase in profits for the first half of 2024, with net earnings rising to HK$7,800,000 from HK$6,420,000 in the previous year. The company saw a modest growth in revenue and managed to reduce its finance costs significantly, contributing to the improved financial performance. Despite this, the company experienced a comprehensive income drop due to exchange losses in its foreign operations.
For further insights into HK:0725 stock, check out TipRanks’ Stock Analysis page.