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Valuetronics reports 1HFY2024 earnings of HK$82.1 mil, 42% higher y-o-y, on higher margins and other income

Felicia Tan
Felicia Tan • 2 min read
Valuetronics reports 1HFY2024 earnings of HK$82.1 mil, 42% higher y-o-y, on higher margins and other income
Earnings per share (EPS) for the period stood at 19.8 HK cents on a fully diluted basis. Photo: Bloomberg
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Valuetronics has reported earnings of HK$82.1 million ($14.3 million) for the 1HFY2024 ended Sept 30, 42% higher y-o-y.

Earnings per share (EPS) for the period stood at 19.8 HK cents on a fully diluted basis.

Revenue for the period fell by 15.2% y-o-y to HK$891.3 million although gross profit rose by 5.8% y-o-y to HK$138.9 million on the back of higher gross profit margins. For the 1HFY2024, gross profit margin (GPM) rose by 3.1 percentage points y-o-y to 15.6%.

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