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Shing Chi Holdings Reports Improved Interim Losses Amid Revenue Growth

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Shing Chi Holdings Reports Improved Interim Losses Amid Revenue Growth

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Ri Ying Holdings Ltd. ( (HK:1741) ) has provided an announcement.

Shing Chi Holdings Limited, a company incorporated in the Cayman Islands, has announced its unaudited interim results for the six months ending March 31, 2025. The company reported a revenue increase to HK$85,538,000 from HK$75,075,000 in the previous year, but faced a gross profit decline to HK$3,695,000 from HK$5,543,000. The overall loss for the period was HK$6,964,000, a significant improvement from the HK$16,674,000 loss in the same period of 2024. This financial performance reflects ongoing challenges in managing costs and operational efficiency, impacting the company’s profitability and market positioning.

More about Ri Ying Holdings Ltd.

Average Trading Volume: 2,520,777

Technical Sentiment Signal: Sell

Current Market Cap: HK$103.2M

See more data about 1741 stock on TipRanks’ Stock Analysis page.

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