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Zhengtong Auto (01728.HK): a loss of 0.635 billion yuan in the first half of the year.
On August 29, Zhengtongauto (01728.HK) announced that for the six months ended June 30, 2024, revenue decreased by approximately 19.8% to approximately RMB 9.876 billion, mainly due to a decrease in the number of new car sales and the selling price of new cars; gross margin decreased by approximately 71.9% to approximately RMB 0.177 billion, with the gross margin decreasing by 3.3 percentage points to 1.8%, mainly due to a decrease in the average selling price of new cars; the company incurred a loss of approximately RMB 0.635 billion during the period, compared to a loss of approximately RMB 0.386 billion for the same period in 2023, mainly due to a decrease in revenue from new car sales and the sale
Zhengtongauto (01728) announced its interim performance. The company's ordinary shareholders recorded a loss of approximately 0.712 billion yuan, an increase of 80.86% year-on-year.
Zhengtong Auto (01728) announced its mid-term performance in 2024, with a year-on-year decrease in earnings of about 19.8% to approximately RMB 9...
Express News | China ZhengTong Auto Services Holdings H1 Gross Profit RMB 177 Million
Express News | China ZhengTong Auto Services Holdings H1 Revenue RMB 9,876 Million
ZHENGTONGAUTO: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
China Zhengtong Auto Services Forecasts 65% Wider Loss in H1
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