Plastics & colorants maker Ngai Hing Hong's FY profit rises
Plastics & colorants maker Ngai Hing Hong's FY profit rises
Overview
Hong Kong plastics maker's annual revenue from contracts rose yr/yr
Profit for the year increased yr/yr
Earnings per share climbed to HK$0.69 from HK$0.09
Outlook
Ngai Hing Hong expects its Singapore subsidiary, established in 2025, to contribute revenue in future
Result Drivers
TOY-INDUSTRY RECOVERY – Recovering toy-sector orders lifted trading turnover
COLORANTS EXPANSION – New electronics, communications and sports-product customers, plus production and technical-support investment, lifted profit before tax
Company press release: Full Story
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue from contracts with customers |
| HK$1.49 bln |
|
Reuters Recommended Reads
Sept 29 - Shares of fast-fashion's Shein plunge 14% to record low after profit slides
Sept 28 - Hong Kong home prices largely flat in August
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Ngai Hing Hong
See all newsPlastics & colorants maker Ngai Hing Hong's FY profit rises
Brief: Ngai Hing Hong Expects Profit Attributable For Six Months Of Not Less Than HK$1 Million
Brief: Ngai Hing Hong Expects Profit Of Not More Than HK$1 Million For FY
Brief: Ngai Hing Hong Sees Loss Attributable For Six Months
Brief: Ngai Hing Hong Posts FY Gross Margin 3.1%