A-Living Reports Revenue Decline and Net Loss
Company Announcements

A-Living Reports Revenue Decline and Net Loss

A-Living Smart City Services Co., Ltd. Class H (HK:3319) has released an update.

A-Living Smart City Services Co., Ltd. reported a decrease in revenue by 8.8% and gross profit by 24.2% for the first half of 2024 compared to the previous year. The company experienced a significant net loss of RMB 1,532.3 million, contrasting with a profit in the previous year, despite an adjusted core net profit of RMB 715.9 million. However, they have proposed an interim dividend increase of 20% to RMB 0.03 per share.

For further insights into HK:3319 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskA-Living Smart City Faces Major Impairment Losses
TipRanks HongKong Auto-Generated NewsdeskA-Living Announces Interim Dividend with Tax Details
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App