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We Think China Supply Chain Holdings' (HKG:3708) Robust Earnings Are Conservative
CH SUPPLY CHAIN: Interim Report 2024-2025
China Supply Chain Returns to Profitability in Fiscal H1
CH SUPPLY CHAIN (03708.HK) mid-term earnings were approximately 0.315 billion Hong Kong dollars, an increase of about 16.7% year-on-year.
On February 26, Gelonghui announced that CH SUPPLY CHAIN (03708.HK) reported approximately 314.6 million Hong Kong dollars in revenue for the six months ending December 31, 2024, an increase of approximately 45.1 million Hong Kong dollars or 16.7% year-on-year. This increase is mainly due to the rise in revenue from the building maintenance segment. The group recorded a profit of approximately 2 million Hong Kong dollars during this period (2023: a loss of 2.4 million Hong Kong dollars). The fluctuation is mainly due to a reduction in administrative expenses during this period.
CH SUPPLY CHAIN: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2024
China Supply Chain Holdings Limited (HKG:3708) Soars 27% But It's A Story Of Risk Vs Reward