Royal Deluxe Holdings Faces Revenue and Profit Decline

Royal Deluxe Holdings Ltd. (HK:3789) has released an update.

Royal Deluxe Holdings Ltd. reported a challenging first half of 2024, with revenue falling by 7% to HK$335.6 million and gross profit dropping by 43.6% compared to the same period in 2023. The company posted a net loss of HK$2.92 million, a significant downturn from a HK$7.56 million profit last year, indicating difficulties in maintaining profitability amidst rising costs.

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