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Tai Ping Carpets Posts Strong Annual Growth

Tai Ping Carpets Posts Strong Annual Growth

Tai Ping Carpets International (HK:0146) has released an update.

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Tai Ping Carpets International Limited reported a profitable year with a notable increase in revenues and profit for the year ending 30 June 2024, compared to the previous year. The company’s revenues rose to HK$640,215,000 while profits increased to HK$42,113,000, marking a rise in earnings per share from 18.11 to 19.85 HK cents. Additionally, the company witnessed a positive total comprehensive income, rebounding from a comprehensive loss the year before.

For further insights into HK:0146 stock, check out TipRanks’ Stock Analysis page.

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