Canggang Railway Limited (HK:2169) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.
For further insights into HK:2169 stock, check out TipRanks’ Stock Analysis page.