Tungtex (Holdings) Co (HK:0518) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Tungtex (Holdings) Company Limited reported a revenue increase to HK$323,320,000 for the six months ending September 2024, up from HK$237,529,000 in the same period last year. Despite the revenue boost, the company faced a net loss of HK$15,367,000, attributed to higher selling, distribution, and administrative expenses. This reflects ongoing challenges in managing costs despite improved sales performance.
For further insights into HK:0518 stock, check out TipRanks’ Stock Analysis page.
