CIRTEK HLDGS released its annual performance, with a profit attributable to shareholders of HKD 61.859 million, turning from a loss to a profit year-on-year
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CIRTEK HLDGS released its annual performance for the year ending December 31, 2024, with revenue reaching HKD 551 million, a year-on-year increase of 48%. The profit attributable to the company's owners was HKD 61.859 million, compared to a loss of HKD 25.676 million in the same period last year, with earnings per share of HKD 0.031. With the new factory in Bangladesh commencing production in February 2024, the gross profit margin rose to 49.1%. The company increased its investment in automation equipment and improved its management systems, successfully turning losses into profits
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