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Speedy Global Holdings Reports Remarkable Turnaround

Speedy Global Holdings Reports Remarkable Turnaround

Speedy Global Holdings Ltd. (HK:0540) has released an update.

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Speedy Global Holdings Ltd. has announced a significant turnaround in its interim results for the first half of 2024, with revenue soaring by 56.9% and profits reaching HK$5.3 million, a stark contrast to the HK$4 million loss in the previous year. This remarkable recovery is highlighted by a substantial increase in gross profit and a positive net profit margin, signaling strong financial health and potential investor interest.

For further insights into HK:0540 stock, check out TipRanks’ Stock Analysis page.

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