Upbest Group Limited (HK:0335) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Upbest Group Limited reported a dramatic decrease in its financial performance for the six months ending September 2024, with revenue dropping to HK$49,448,000 from HK$67,520,000 in the previous year. Additionally, the company’s profit for the period fell sharply to HK$27,985,000, compared to HK$53,165,000 in the same period last year. Despite these declines, Upbest Group maintains a robust net asset position of HK$2,765,498,000 as of September 2024.
For further insights into HK:0335 stock, check out TipRanks’ Stock Analysis page.