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Top Spring’s Challenging H1 2024 Financials

Top Spring’s Challenging H1 2024 Financials

Top Spring International Holdings Limited (HK:3688) has released an update.

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Top Spring International Holdings Limited reported a slight dip in property pre-sales revenue by 1.3% for the first half of 2024, with a notable 28.7% increase in average selling price per square meter. Despite the increased unit prices, revenue fell by 9.1%, and the company shifted from a profit to a substantial loss of HK$539.2 million, compared to a profit in the same period last year. Additionally, no interim dividend has been declared for this period.

For further insights into HK:3688 stock, check out TipRanks’ Stock Analysis page.

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