Shun Wo Group Holdings Ltd. (HK:1591) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Shun Wo Group Holdings Ltd. reported a significant decline in their interim results for the six months ending September 30, 2024, with revenue plummeting from HK$234.8 million in 2023 to HK$64 million in 2024, resulting in a loss of HK$5 million compared to a profit of HK$32.9 million the previous year. The company’s financial position also showed a decrease in total equity from HK$145.7 million to HK$140.6 million. Despite a challenging period, the company remains focused on navigating the financial landscape.
For further insights into HK:1591 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue