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Tsui Wah Holdings Reports Revenue Decline Amid Market Challenges

Tsui Wah Holdings Reports Revenue Decline Amid Market Challenges

Tsui Wah Holdings Ltd. (HK:1314) has released an update.

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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.

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