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HENGDELI: Interim Report 2024
Hengdeli Holdings Logs Wider Loss in H1
Hengdeli Holdings Reports Improved Profit Margins
Hengdeli (03389.HK) mid-term revenue of 0.58 billion yuan, a decrease of 14.1% year-on-year.
Hengdeli (03389.HK) announced on August 21st that the group's revenue for the six months ended June 30, 2024 was recorded at 580,361,000 yuan, a decrease of 14.1% compared to the same period last year. The gross margin is about 16.4%, an increase of 1 percentage point compared to the same period last year. During the review period, the group recorded profits, with a profit of 499,000 yuan, a increase of 105.7% compared to the same period last year; the loss attributable to shareholders was 2,504,000 yuan, a increase of 26.1% compared to the same period last year. The main reason for the increase in losses is the depreciation of properties, factories, and equipment.
Hengdeli (03389) announced its interim results, with shareholders' attributable losses of 2.504 million yuan, a 26.1% year-on-year increase.
Hengdeli (03389) released its interim performance for the six months ended June 30, 2024, achieving revenue of...
Express News | Hengdeli Holdings H1 Gross Margin 16.4%
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