Redco Healthy Living Company Limited (HK:2370) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Redco Healthy Living Company Limited reported a downturn in their financial performance for the first half of 2024, with revenue dropping by 9% and net profit plunging by 63.3% compared to the same period in 2023. Despite these declines, the company saw an increase in the total contracted gross floor area (GFA) by 4.4% and managed GFA by 13.1%. The board has decided against paying an interim dividend for this period.
For further insights into HK:2370 stock, check out TipRanks’ Stock Analysis page.