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Time Interconnect Posts Strong Interim Growth
Company Announcements

Time Interconnect Posts Strong Interim Growth

Time Interconnect Technology Limited (HK:1729) has released an update.

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Time Interconnect Technology Limited reports a robust interim financial performance for the first half of 2024, with revenue increasing by 1.5% to HK$2,666.1 million and profit surging by 34.3% to HK$203.2 million compared to the same period last year. The company’s gross profit margin also improved significantly, from 15.4% to 18.4%, indicating a stronger profitability trend. These positive results reflect the company’s growing financial health and may interest investors looking for promising stock opportunities.

For further insights into HK:1729 stock, check out TipRanks’ Stock Analysis page.

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