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Ling Yui Holdings Limited (HKG:784) Shares May Have Slumped 27% But Getting In Cheap Is Still Unlikely
Ling Yui Holdings Sees Financial Turnaround in 2024
ling yui (00784.HK) mid-term net profit is approximately 1.5 million Hong Kong dollars.
Ling Yui Holdings (00784.HK) announced on November 28 that the group's income increased by approximately 8.8% to around 120.6 million Hong Kong dollars for the six months ended September 30, 2024. The increase is mainly due to an additional about 5 million Hong Kong dollars from the Wah Fai Road 9-11 project, and an additional claim of about 5 million Hong Kong dollars from the completed project at 152-155 Connaught Road Central. The group recorded a net profit of approximately 1.5 million Hong Kong dollars, while in the same period of 2023, a net loss of approximately 1.6 million Hong Kong dollars was recorded. The directors believe that the increase in net profit is due to the increase in income and the control of administrative expenses.
Express News | Ling Yui Holdings H1 Gross Margin 12.6%
Express News | Ling Yui Holdings H1 Gross Profit HKD 15.2 Million
Express News | Ling Yui Holdings H1 Net Income HKD 1.5 Million
