Starlite Holdings Limited (HK:0403) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Starlite Holdings Limited reported a slight increase in profit for the six months ending September 2024, with revenue rising to HK$508.6 million compared to HK$459.7 million in the same period last year. Despite higher selling and administrative costs, the company achieved a net profit of HK$7.1 million, up from HK$6.6 million in 2023. Earnings per share also saw a modest rise, reflecting the company’s steady performance amidst a challenging market environment.
For further insights into HK:0403 stock, check out TipRanks’ Stock Analysis page.