Tsit Wing International Holdings Limited (HK:2119) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Tsit Wing International Holdings Limited reported a mixed financial performance for the first half of 2024, with revenue decreasing by 2.8% to HK$349.4 million compared to the same period in 2023. Despite the dip in revenue, the company saw a significant rise in profitability, with gross profit up 7.5% and net profit surging 63.3%, resulting in a net profit margin increase from 6.1% to 10.3%.
For further insights into HK:2119 stock, check out TipRanks’ Stock Analysis page.