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Why Landrich Holding's (HKG:2132) Shaky Earnings Are Just The Beginning Of Its Problems
LANDRICH HLDG: INTERIM REPORT 2024
Landrich Holding Limited's (HKG:2132) 26% Price Boost Is Out Of Tune With Earnings
landrich hldg released its interim results, with a net profit of 2.35 million Hong Kong dollars, a decrease of 86.67% year-on-year.
landrich hldg (02132) announced its interim results for the six months ending September 30, 2024, with revenue of 0.644 billion HKD, an increase of 16.02% year-on-year; profit during the period was 2.35 million HKD, a decrease of 86.67% year-on-year; earnings per share were 0.15 HKD. The announcement stated that the increase in revenue was mainly driven by the undertaking of a large number of significant projects during the six months ending September 30, 2024.
LANDRICH HLDG: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Landrich Expects Lower H1 Profit