Plastec Technologies Maintains Solid H1 Financials

Plastec Technologies Maintains Solid H1 Financials

Plastec Technologies (PLTYF) has released an update.

Plastec Technologies, Ltd. has reported stable financials for the first half of fiscal 2024, maintaining a cash and cash equivalents balance of $12.2 million and a consistent book value per share of $0.86. Despite operating with minimal operations, the company’s strong balance sheet and lean corporate structure have poised it to quickly capitalize on potential market opportunities. Net income saw a slightly positive shift from $35,000 to $64,000, indicating a steady financial position.

For further insights into PLTYF stock, check out TipRanks’ Stock Analysis page.

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