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Bonny International Reports Remarkable Profit

Bonny International Reports Remarkable Profit

Bonny International Holding Ltd. (HK:1906) has released an update.

Confident Investing Starts Here:

Bonny International Holding Limited has experienced a significant turnaround with its latest interim results, reporting a profit of RMB 5,339,000 for the six months ended June 30, 2024, a stark contrast to the loss of RMB 14,556,000 in the same period the previous year. This positive shift is reflected in both the company’s revenue growth, from RMB 96,462,000 to RMB 143,943,000, and earnings per share, which have improved from a loss of RMB 1.2 cent to a gain of RMB 0.4 cent. The substantial increase in gross profit and other income have contributed to the company’s financial recovery.

For further insights into HK:1906 stock, check out TipRanks’ Stock Analysis page.

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