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There's Reason For Concern Over Leeport (Holdings) Limited's (HKG:387) Massive 27% Price Jump
LEEPORT(HOLD): 2024 INTERIM REPORT
Lifeng Group [00387] is now trading at HKD 0.62, a decrease of 10.15%.
As of 10:33, Li Feng (Group) [00387] reported a price of HKD 0.62, a decrease of HKD 0.07 or 10.15% compared to the closing price of HKD 0.69 yesterday. The turnover was HKD 0.0025 million. The highest price today was HKD 0.62, and the lowest price was HKD 0.62. Based on the closing price yesterday, the 10-day average price was HKD 0.84, and the 50-day average price was HKD 0.78. The current price-to-earnings ratio is 17.31 times, and the 14-day strength index is 66.67.
Don't Race Out To Buy Leeport (Holdings) Limited (HKG:387) Just Because It's Going Ex-Dividend
Powerful Group (00387.HK) recorded a first-half profit of 0.255 billion HKD, a decrease of 37.7% compared to the same period last year.
Glory Times reported on August 22nd that in the first half of 2024, the group's revenue was 255,249,000 Hong Kong dollars, a 37.7% year-on-year decrease. The gross margin was 26.3%, far higher than the 16.6% in the same period last year. The contrasting trends in year-on-year revenue and gross margin changes are largely due to the fact that a significant portion of the new business has shifted to a commission income model, where only net income is recognized as revenue. In the first half of 2024, the company's attributable profit to shareholders was 8,430,000 Hong Kong dollars, compared to 5,496,000 Hong Kong dollars for the same period last year.
Express News | Leeport (Holdings) - Resolved to Declare an Interim Dividend of HK3 Cents per Share
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