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Ming Fai International Sees 24% Revenue Growth in January-April
In the first four months, ming fai int'l (03828) revenue was approximately 699.7 million Hong Kong dollars, a year-on-year increase of 24.3%.
Ming Fai Int'l (03828) announced on the Zhitong Finance and Economics app that the unaudited revenue and gross profit for the first four months before 2024 were approximately HKD 699.7 million and HKD 174.5 million, an increase of 24.3% and 21.9%, respectively, compared to the same period last year. The announcement stated that the revenue of hotel supplies business and operation supplies and equipment business increased compared to the same period in 2023, attributed to the continued recovery of tourism, sightseeing, and aviation industry in the post-epidemic era. The revenue of health care and hygiene products business decreased compared to the same period in 2023, attributed to the continuous decrease in demand for such products.
Express News | Ming Fai International - Gross Profit for Four Months Ended 30 April HK$174.5 Mln, up 21.9%
Express News | Ming Fai International - Unaudited Revenues for Four Months Ended 30 April HK$699.7 Mln
Ming Fai International Logs 38% Rise in 2023 Profit
MING FAI INT'L: Annual Report 2023
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