Texwinca Holdings Sees Profits Surge in 2024

Texwinca Holdings (HK:0321) has released an update.

Texwinca Holdings Limited reported a significant increase in profits for the six months ending September 2024, with profits surging to HK$101.4 million from HK$45.1 million in the same period last year. The company’s revenue rose to HK$3 billion, driven by gains from the resumption of land and buildings and improved gross profit margins despite higher finance costs. Earnings per share more than doubled, highlighting a strong performance for investors.

For further insights into HK:0321 stock, check out TipRanks’ Stock Analysis page.

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