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Kingdom Holding [00528] is now trading at 1.32 Hong Kong dollars, with a rise of 10.92%.
As of 10:02, kingdom holding [00528] reported 1.32 Hong Kong dollars, up 0.13 Hong Kong dollars or 10.92% from the previous closing price of 1.19 Hong Kong dollars, with a turnover of 0.049 million Hong Kong dollars. The highest price today is 1.32 Hong Kong dollars, the lowest price is 1.19 Hong Kong dollars. Based on the closing price yesterday, the 10-day average price is 1.18 Hong Kong dollars, the 50-day average price is 1.19 Hong Kong dollars. The current PE ratio is 3.93 times, and the 14-day relative strength index is 48.00.
KINGDOM HOLDING: INTERIM REPORT 2024
Kingdom Holding (00528.HK) saw a approximately 9.5% increase in attributable net profit to around 73.96 million yuan for the mid-term of the parent company.
Kingdom Holding (00528.HK) announced on August 29th that the company's revenue increased by about 37.5% to approximately RMB 1,129,916,000 for the six months ended June 30, 2024. The surge in revenue was mainly due to the increase in the average selling price of linen yarn during the review period. The attributable net profit of the parent company increased by about 9.5% from approximately RMB 67,549,000 in the previous period to approximately RMB 73,961,000 in the review period.
Express News | Kingdom Holdings H1 Gross Margin 17.6%
KINGDOM HOLDING: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Haitong Securities: Continuous destocking of polyester filament factories, expecting improvement in end demand.
As the inventory of rayon continues to decrease, Haitong Securities expects downstream demand to further improve with the approach of the traditional peak season in September and October.
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