Summary by Moomoo AI
HANG YICK HLDGS announced its interim results for the six months ending September 30, 2024. During this period, revenue was approximately 78.8 million HKD, a decrease of 7.3% compared to 85 million HKD in the same period last year. The company shifted from profit to loss, recording a loss of about 10.66 million HKD, while a profit of 6.63 million HKD was recorded in the same period last year. The basic loss per share was 1.2 HKD cents. The company will not declare an interim dividend.The decline in revenue was mainly due to a significant decrease of 77.1% in revenue from sales of Steel and Metal products, down to 4.8 million HKD. Revenue from providing Steel and Metal engineering services, on the other hand, increased by 15.6% to 74 million HKD...Show More