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C Cheng Holdings Faces Revenue Decline and Losses

C Cheng Holdings Faces Revenue Decline and Losses

C Cheng Holdings Ltd. (HK:1486) has released an update.

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C Cheng Holdings Limited reported a decrease in revenue by 12.2% and a net loss of HK$12,074,000 for the first six months of 2024, compared to the same period in 2023. The company also experienced a decline in new contract values and total contract sums by 4.9% and 3.7%, respectively. No interim dividend has been declared, reflecting a challenging half-year for the firm.

For further insights into HK:1486 stock, check out TipRanks’ Stock Analysis page.

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