Huiju Technology (02481) announced its interim results for the six months ended June 30, 2024, during which the Group achieved...
The Huiju Technology (02481) announced its interim results for the six months ended June 30, 2024, during which the Group recorded revenue of 0.834 billion yuan (RMB, the same below), an increase of 17.3% year-on-year; shareholders' attributable surplus of 0.112 billion yuan, an increase of 41.6% year-on-year; basic earnings per share of 0.37 yuan.
The announcement stated that as of June 30, 2024, the Group had seven franchise operation rights for heating service projects. The heating service revenue for the reporting period was mainly derived from these seven heating service projects, with three projects located in Shanxi Province, two in Inner Mongolia Autonomous Region, one in Gansu Province, and one in Henan Province. Regarding the Baotou project, its completion date has been postponed from May 2024 or before to around November 2024 due to the need for the local government to reach a consensus with local villagers on land expropriation compensation for the pipeline construction, which is a time-consuming process.
As of June 30, 2024, the total actual heating service area of the Group is approximately 48.5 million square meters, an increase of 15.8% compared to approximately 41.9 million square meters as of June 30, 2023.