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Wing Chi Holdings Reports Strong Revenue Growth

Wing Chi Holdings Reports Strong Revenue Growth

Wing Chi Holdings Limited (HK:6080) has released an update.

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Wing Chi Holdings Limited reported a significant 58.1% increase in revenue to HK$396.9 million for the six months ending September 2024, driven by economic improvement in Hong Kong and efficient cost control measures. Despite a slight drop in gross profit margin, the company’s net profit more than doubled to HK$4.6 million. However, the Board has decided against declaring an interim dividend for this period.

For further insights into HK:6080 stock, check out TipRanks’ Stock Analysis page.

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