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Chen Xing Holdings Schedules Key Board Meeting
Chen Xing (02286.HK) will hold a board of directors meeting on August 28th to approve the interim performance.
Chen Xing Development (02286.HK) announced on August 16th that the company will hold a board of directors meeting on August 28th, 2024 to consider and approve the interim performance of the company and its subsidiaries for the six months ending June 30th, 2024, and to consider the distribution of interim dividends (if any).
Chen Xing Development Expects Profit to Surge 448% in H1
Chen Xing Development announced a profit increase, with an expected 448.4% year-on-year increase in net income attributable to shareholders to approximately 26.5 million yuan for the intermediate period.
Chen Xing (02286) announced that the company expects the net income attributable to shareholders to be approximately RMB 26.5 million for the six months ending on June 30, 2024, an increase of approximately 448.4% from the approximately RMB 4.8 million for the six months ending on June 30, 2023.
Chen Xing Holdings Forecasts Profits Soar
Chen Xing Development (02286.HK) announced that its expected net income for the first half of the year will increase by approximately 448.4%.
Chen Xing Development (02286.HK) announced that the company expects the net income attributable to the equity shareholders of the company for the six months ending on June 30, 2024 to be approximately RMB 26.5 million, an increase of approximately 448.4% from the same period last year, when it was approximately RMB 4.8 million. The increase in net income attributable to equity shareholders is mainly due to the comprehensive impact of the following items, including (A) revenue from the delivery of the Jinhuting Phase I residential and commercial project in Mianyang, Sichuan Province and (ii) the sale of 51% equity interest in Jinzhong Development Zone Real Estate Development Co., Ltd.
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