Ri Ying Holdings Ltd. (HK:1741) has released an update.
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Shing Chi Holdings Limited reported a significant decline in its financial performance for the year ended September 2024, with revenue falling by 18.8% and gross profit plummeting by 67.4%. The company also recorded a substantial increase in losses, amounting to HK$10.1 million compared to the previous year’s HK$2.6 million. Consequently, the board has decided not to declare any final dividend for the past fiscal year.
For further insights into HK:1741 stock, check out TipRanks’ Stock Analysis page.