Canggang Railway Limited (HK:2169) has released an update.
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Canggang Railway Limited reported a decrease in both revenue and profits for the first half of 2024 compared to the same period last year, with revenue falling from RMB 178,265,000 to RMB 132,051,000, and profits declining to RMB 25,902,000 from RMB 30,991,000. Despite the downturn, the company maintained a positive earnings per share at RMB 0.03, consistent with the previous year’s performance.
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