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China Lesso (02128) fell by 34.50%, now trading at 2.550 yuan, hitting a 52-week low.
As of 11:47, China Lesso (02128) has fallen 34.50% from the previous closing price, now trading at 2.550 yuan, hitting a 52-week low; the volume is 7.35 million shares, and the turnover is 18.6458 million Hong Kong dollars.
Citi Downgrades China Lesso to Neutral From Buy; Price Target Is HK$3.10
China Lesso Reports Downturn in Mid-Year Financials
China Lesso (02128.HK) announced its mid-term performance in 2024: continuing to implement a stable development global strategy, creating long-term value for shareholders.
China Lesso (02128.HK), a leading Chinese large-scale pipeline building materials industry group, announced its interim performance for the six-month period ending June 30, 2024. In the first half of 2024, China Lesso has been actively advancing and adhering to the principle of stable operation, maintaining a strong resilience to ensure stable business development. During the reporting period, the overall revenue was RMB 13.564 billion (H1 2023: RMB 15.297 billion). The gross profit was RMB 3.728 billion (H1 2023: RMB 4.259 billion), and the gross margin remained stable at.
China Lesso (02128) announced its interim performance, and the company's owners' share of profits was approximately 1.043 billion yuan, a decrease of 30.16% year-on-year.
China Lesso (02128) announced its mid-term performance in 2024, with a year-on-year decrease in revenue of 11.3% to RMB 135...
Express News | China Lesso - Not to Declare an Interim Dividend
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