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Tat Hong Reports Increased Losses Amid Revenue Decline

Tat Hong Reports Increased Losses Amid Revenue Decline

Tat Hong Equipment Service Co. Ltd. (HK:2153) has released an update.

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Tat Hong Equipment Service Co., Ltd. reported a 4.9% decline in revenue to RMB340.9 million and a 77.2% increase in losses to RMB36.2 million for the six months ending September 2024, attributed to a decrease in service prices for tower cranes. The company also announced no interim dividend for this period.

For further insights into HK:2153 stock, check out TipRanks’ Stock Analysis page.

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