china wood int (01822.HK) mid-term earnings increased by approximately 71%, gross margin significantly reduced.

Gelonghui Finance · Aug 23 04:46

Guangzhou News On August 23, China Wood Int (01822.HK) announced that in the mid-term of 2024, the group recorded revenue of approximately 175,100,000 Hong Kong dollars, an increase of about 71% year-on-year. The increase is mainly due to the operating income of the wood-related business increasing from approximately 96,900,000 Hong Kong dollars in the same period of the previous year to approximately 170,300,000 Hong Kong dollars in the reporting period. The gross margin decreased from 21.6% in the same period of the previous year to 8.9% in the reporting period, due to the downward pressure on the gross margin caused by the overall slowdown in the wood-related business market.

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中木国际(01822.HK)中期收益增加约71% 毛利率大幅减少

china wood int (01822.HK) mid-term earnings increased by approximately 71%, gross margin significantly reduced.

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