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1047 — Ngai Hing Hong News Story

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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


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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