Karin Technologies Reports Marginally Lower Attributable Profit in July-December 2024

MT Newswires

2025/02/14

Karin Technologies (SGX:K29) reported a relatively unchanged profit attributable to owners for the half year ended Dec. 31, 2024 of HK$10.8 million from a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share grew to HK$0.0498 compared with HK$0.0499 in the comparable period.

Revenue declined 11% year over year to HK$1.05 billion from HK$1.17 billion, mainly due to poor economic sentiment in China.

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