China Pipe (00380) released its interim performance for the six months ended June 30, 2024, during which the group achieved...
According to the announcement, the group's revenue for the period increased by 9.68% to HKD 0.374 billion; the attributable net profit to shareholders increased by 18.18% to HKD 37.398 million; and the basic earnings per share was 2.81 HK cents.
The increase in revenue was mainly due to the housing policy and infrastructure investment of the Hong Kong government to increase the supply of public housing. The group's performance remains strong due to ongoing public housing and infrastructure projects.
