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Raytech Holding Reports Strong Financial Performance in H1 2024

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Raytech Holding Limited ( (RAY) ) just unveiled an announcement.

Raytech Holding Limited has reported its unaudited interim condensed consolidated financial results, indicating a solid performance for the six months ended September 30, 2024. The company saw a significant increase in revenue, primarily from product sales, totaling HKD 43.2 million. Despite a rise in operating expenses, the company achieved an income from operations of HKD 3.9 million, showing a positive trend in its financial health.

More about Raytech Holding Limited

YTD Price Performance: -2.21%

Average Trading Volume: 123,429

Technical Sentiment Consensus Rating: Strong Buy

Learn more about RAY stock on TipRanks’ Stock Analysis page.

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