Perfectech Reports Increased Loss in 2024 Interim Results
Company Announcements

Perfectech Reports Increased Loss in 2024 Interim Results

Perfectech International Holdings Limited (HK:0765) has released an update.

Perfectech International Holdings Limited reported a loss for the period ending 30 June 2024, with revenue dropping from HK$74,056,000 in 2023 to HK$68,611,000 in 2024 and a significant increase in net loss from HK$10,780,000 to HK$19,436,000. The company also experienced a decrease in gross profit and other comprehensive income, alongside increased administrative expenses. These financial results indicate a challenging half-year for Perfectech amidst a tough economic environment.

For further insights into HK:0765 stock, check out TipRanks’ Stock Analysis page.

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