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Tongda Hong Tai Posts Decline in H1 2024 Revenue

Tongda Hong Tai Posts Decline in H1 2024 Revenue

Tongda Hong Tai Holdings Ltd (HK:2363) has released an update.

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Tongda Hong Tai Holdings Ltd has reported a significant decrease in revenue by 55.3% to HK$21 million and a net loss of HK$23.7 million for the first half of 2024, compared to the same period last year. The basic and diluted loss per share has slightly improved to HK6.39 cents from HK7.13 cents. These figures reflect the challenges faced by the company in a tough economic environment.

For further insights into HK:2363 stock, check out TipRanks’ Stock Analysis page.

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