Town Ray Holdings Limited (HK:1692) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Town Ray Holdings Limited reported a significant decline in their financial performance for the first half of 2024, with revenue dropping by 23.9% and profit attributable to equity holders falling by 44.4% compared to the same period in 2023. The company’s gross profit margin also saw a decrease, and basic earnings per share went down from HK24.33 cents to HK13.52 cents. Despite the downturn, the Board declared an interim dividend of HK11.0 cents per share.
For further insights into HK:1692 stock, check out TipRanks’ Stock Analysis page.