Angelalign Technology Inc. (HK:6699) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Angelalign Technology Inc. reports a robust performance for the first half of 2024, marking a 60.3% increase in total case shipments and a 39.8% rise in revenue to approximately RMB861.5 million. The company’s international market presence has significantly expanded, contributing to a 47.1% surge in gross profit. Despite ambitious global expansion leading to operational losses internationally, the adjusted net profit soared by 95.8%, yet no interim dividend was declared for the period.
For further insights into HK:6699 stock, check out TipRanks’ Stock Analysis page.