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Vico International Sees Revenue Growth but Profit Decline

Vico International Sees Revenue Growth but Profit Decline

Vico International Holdings Ltd. (HK:1621) has released an update.

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Vico International Holdings Ltd. reported an 11.5% increase in revenue to HK$810 million for the six months ending September 2024, compared to the same period last year. Despite this, the company experienced a decline in both gross profit and net profit by 16.7% and 22.0% respectively. The results reflect challenges in maintaining profitability amidst growing revenue.

For further insights into HK:1621 stock, check out TipRanks’ Stock Analysis page.

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