TSIT WING INTL (02119) released its performance for the year 2024, with a net profit of 59.09 million Hong Kong dollars, an increase of 21.3% year-on-year.

TSIT WING INTL(02119) released its annual performance for the year ending on December 31, 2024, with revenue of HKD 721 million, a decrease of 1.1% year-on-year; net profit of HKD 59.091 million, an increase of 21.3% year-on-year; and basic earnings per share of HKD 8.20 cents. The decrease in the group's revenue during the period was mainly due to a decrease in revenue from tea and instant products in mainland China, which was primarily caused by a decrease in sales volume of these products due to changing demands from customers in mainland China.