Shineroad Reports Higher Profits Despite Revenue Dip
Company Announcements

Shineroad Reports Higher Profits Despite Revenue Dip

Shineroad International Holdings Limited (HK:1587) has released an update.

Shineroad International Holdings Limited reported a decrease in revenue by 8% but an impressive increase in gross profit and net profit by 19% and 78% respectively for the first half of 2024, compared to the same period in 2023. Despite the lower revenue, the company’s earnings per share improved, although no interim dividend was declared.

For further insights into HK:1587 stock, check out TipRanks’ Stock Analysis page.

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