Tsui Wah Holdings Ltd. (HK:1314) 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
Tsui Wah Holdings Ltd. reported a 9.8% decline in revenue to HK$448.3 million for the six months ended September 2024, with decreases in their Hong Kong and Mainland China markets. Despite the revenue drop, the company maintained a modest profit attributable to owners at HK$6.4 million, though slightly lower than the previous year. The earnings per share also saw a slight dip, reflecting the challenging business environment.
For further insights into HK:1314 stock, check out TipRanks’ Stock Analysis page.