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Solis Holdings Ltd. ( (HK:2227) ) has provided an announcement.
Solis Holdings Ltd. reported a significant increase in revenue by 51.8% to S$8.5 million for the first half of 2025 compared to the same period in 2024. Despite the revenue growth, the gross profit saw a drastic decline of 92.7% to S$51,000. The company turned its financial performance around, achieving a profit of S$1.7 million, contrasting with a loss of S$0.5 million in the previous year. The board decided not to declare an interim dividend for this period. These results highlight a complex financial situation where increased revenue did not translate into higher gross profit, yet the company managed to improve its overall profitability.
More about Solis Holdings Ltd.
Solis Holdings Ltd. is a company incorporated in the Cayman Islands, operating in an unspecified industry. The company’s primary products or services and market focus are not detailed in the provided text.
Average Trading Volume: 1,447,487
Technical Sentiment Signal: Buy
Current Market Cap: HK$90.64M
See more insights into 2227 stock on TipRanks’ Stock Analysis page.