Shun Ho Holdings Ltd (HK:0253) has released an update.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Shun Ho Holdings Limited reported a net profit of HK$30 million for the first half of 2024, a notable increase from HK$24 million in the same period last year. However, the company experienced a gross loss, with a significant decrease in the fair value of investment properties and increased finance costs leading to an overall loss of HK$106.52 million for the period. Earnings per share have consequently shifted from a gain to a loss year-over-year, with the latest figure standing at a loss of HK$22.35 cents per share.
For further insights into HK:0253 stock, check out TipRanks’ Stock Analysis page.