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Nanfang Communication Holdings Limited (HKG:1617) Stock Rockets 55% As Investors Are Less Pessimistic Than Expected
Investors Can Find Comfort In Nanfang Communication Holdings' (HKG:1617) Earnings Quality
NANFANG COMM: 2024 INTERIM REPORT
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nanfang comm (01617.HK) total revenue for the mid-term decreased by approximately 3.0% to 0.257 billion yuan
On August 29th, Grunhui announced that as of June 30, 2024, the total revenue of nanfang comm (01617.HK) decreased by about 3.0% to approximately RMB 0.257 billion; the company recorded a total profit and comprehensive income of approximately RMB 5.5 million (as of June 30, 2023: approximately RMB 2.1 million) for the six months ended. During the reporting period, the basic earnings per share were approximately RMB 0.003 (as of June 30, 2023: approximately RMB 0.001). Looking ahead to the second half of 2024, the development of the fiber optic cable industry will continue to benefit from technological progress.
Express News | Nanfang Communication Holdings H1 Gross Margin 13.5%
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