Hong Kong Johnson Holdings Co., Ltd. (HK:1955) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hong Kong Johnson Holdings Co., Ltd. reported a 13.1% drop in revenue to HK$714.2 million for the first half of 2024, compared to the same period in 2023. Despite the revenue decline, the company achieved an 8.6% increase in gross profit, with margins improving to 6.1%. The profit attributable to equity holders slightly decreased by 4.1%, reflecting the company’s resilience in a challenging market.
For further insights into HK:1955 stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- 3 Penny Stocks to Watch Now, 11/29/24
- Musk’s Tesla Gigafactories Continue to Pollute Environment, Report Says
- Amazon Plans Huge AI Spends to Stay in the Race with Big Tech
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
