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Beijing Enterprises Posts Mixed Mid-Year Financials

Beijing Enterprises Posts Mixed Mid-Year Financials

Beijing Enterprises Urban Resources Group Ltd. (HK:3718) has released an update.

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Beijing Enterprises Urban Resources Group Ltd. reported a revenue increase of 20.2% for the first half of 2024, reaching roughly RMB2.69 billion, despite a 24.5% drop in profit to RMB128.5 million compared to the previous year. The company also acquired a significant stake in Shiny Glory, enhancing their urban service project portfolio, while maintaining a stable interim dividend payout.

For further insights into HK:3718 stock, check out TipRanks’ Stock Analysis page.

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