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Ruihe Data Technology Holdings Limited's (HKG:3680) Shares Climb 35% But Its Business Is Yet to Catch Up
Ruihe Data Transfers Loan Obligations to HK Hesheng
RUIHE DATA: 2024 Interim Report
Ruihe Data (03680.HK) mid-term revenue is approximately 0.181 billion yuan, a year-on-year increase of about 49.4%.
Ruihe Data (03680.HK) announced on August 23 that the Group's revenue for the six months ended June 30, 2024 was approximately RMB 181,011,000, an increase of about 49.4% year-on-year. The net loss for the reporting period was reduced by 38.8% compared to the same period last year, a decrease of about RMB 24,541,000, or about RMB 38,635,000. During the reporting period, the gross profit was approximately RMB 14,577,000, a decrease of about 42.4% compared to the first half of 2023. The main reason for the decrease in gross profit was the revenue structure during the reporting period.
Express News | Ruihe Data Technology Holdings H1 Gross Margin 8.1%
RUIHE DATA: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
Subdued Growth No Barrier To Ruihe Data Technology Holdings Limited (HKG:3680) With Shares Advancing 28%
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