Stock Track | Pak Tak International Surges Over 37% on Narrowed Losses and Soaring Revenue

Stock Track08-30

Shares of Pak Tak International, a Hong Kong-listed securities investor and supply chain company, skyrocketed by 37.25% in intraday trading on Thursday, August 30, 2024. The rally was fueled by the company's latest financial results, which showed a significant improvement in its performance.

According to a bourse filing, Pak Tak International reported a substantial decline in its attributable loss for the first half of the fiscal year. The company's loss narrowed to HK$36.8 million, a significant improvement compared to the HK$74.1 million loss recorded in the same period last year. Additionally, the company's revenue soared by an impressive 376%, reaching HK$378.5 million, primarily driven by higher contributions from its supply chain business.

The company attributed the narrowing of its losses to a significant decrease in expected credit losses on trade receivables in its supply chain business. Investors welcomed the positive developments, sending Pak Tak International's shares surging by over 32% during Friday's trading session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1179923814?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-30 18:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1179923814","market":"hk","top_or_hot":-1,"title":"Stock Track | Pak Tak International Surges Over 37% on Narrowed Losses and Soaring Revenue","media":"Stock Track","content":"<p>Shares of Pak Tak International, a Hong Kong-listed securities investor and supply chain company, skyrocketed by 37.25% in intraday trading on Thursday, August 30, 2024. The rally was fueled by the company's latest financial results, which showed a significant improvement in its performance.</p>\n\n<p>According to a bourse filing, Pak Tak International reported a substantial decline in its attributable loss for the first half of the fiscal year. The company's loss narrowed to HK$36.8 million, a significant improvement compared to the HK$74.1 million loss recorded in the same period last year. Additionally, the company's revenue soared by an impressive 376%, reaching HK$378.5 million, primarily driven by higher contributions from its supply chain business.</p>\n\n<p>The company attributed the narrowing of its losses to a significant decrease in expected credit losses on trade receivables in its supply chain business. Investors welcomed the positive developments, sending Pak Tak International's shares surging by over 32% during Friday's trading session.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Pak Tak International Surges Over 37% on Narrowed Losses and Soaring Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Pak Tak International Surges Over 37% on Narrowed Losses and Soaring Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n2024-08-30 18:16 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Pak Tak International, a Hong Kong-listed securities investor and supply chain company, skyrocketed by 37.25% in intraday trading on Thursday, August 30, 2024. The rally was fueled by the ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02668","symbol_name":"百德国际","start_time":0,"source_url":"","article_id":"1179923814","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1179923814","pubTimestamp":1725012982,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Pak Tak International, a Hong Kong-listed securities investor and supply chain company, skyrocketed by 37.25% in intraday trading on Thursday, August 30, 2024. The rally was fueled by the company's latest financial results, which showed a significant improvement in its performance.According to a bourse filing, Pak Tak International reported a substantial decline in its attributable loss for the first half of the fiscal year. The company's loss narrowed to HK$36.8 million, a significant","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02668":"百德国际"},"translate_title":"股票赛道Pak Tak International因亏损收窄和收入飙升而飙升逾37%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02668":1},"content_text":"Shares of Pak Tak International, a Hong Kong-listed securities investor and supply chain company, skyrocketed by 37.25% in intraday trading on Thursday, August 30, 2024. The rally was fueled by the company's latest financial results, which showed a significant improvement in its performance.\nAccording to a bourse filing, Pak Tak International reported a substantial decline in its attributable loss for the first half of the fiscal year. The company's loss narrowed to HK$36.8 million, a significant improvement compared to the HK$74.1 million loss recorded in the same period last year. Additionally, the company's revenue soared by an impressive 376%, reaching HK$378.5 million, primarily driven by higher contributions from its supply chain business.\nThe company attributed the narrowing of its losses to a significant decrease in expected credit losses on trade receivables in its supply chain business. Investors welcomed the positive developments, sending Pak Tak International's shares surging by over 32% during Friday's trading session.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1179923814"}