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legendholding (03396.HK) performance inflection point appears, with a good layout window for both win rate and odds.
On August 30th, Legendholding announced its interim report for 2024. In the first half of the year, the company achieved a revenue of 233.4 billion yuan (RMB), a year-on-year growth of 16%. The net income attributable to shareholders was 0.286 billion yuan, a year-on-year decrease of 57%.
Strong Week for Legend Holdings (HKG:3396) Shareholders Doesn't Alleviate Pain of Five-year Loss
Global economic uncertainty affects business, with legendholding's net income attributable to parent company declining by 57% | Financial Report Insight.
legendholding announced its interim performance in the first half of this year on Friday. Although the revenue increased year-on-year, the net income attributable to shareholders decreased by more than 57%. The company stated that this was mainly due to the increasing complexity and uncertainty of the global economic situation, which affected the profit contribution of the operational sector and the investment businesses of the industry incubation and investment sector.
Legend Holdings Logs Lower Attributable Profit in H1
Revenue in the first half of the year increased by 16% to 233.364 billion yuan. legendholding (03396) is accelerating its focus on new quality productivity.
In the face of the operational challenges brought by the rising uncertainty, Legend Holding adheres to the approach of "seeking progress in stability", takes the national strategic needs as the guidance, and further focuses on promoting high-quality development through the concentration of new productive forces.
Express News | Corrected-Legend Holdings Corp H1 Revenue RMB 233,364 Million (Corrects Amount)
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