Central China New Life Reports Remarkable Turnaround
Company Announcements

Central China New Life Reports Remarkable Turnaround

Central China New Life Ltd. (HK:9983) has released an update.

Central China New Life Ltd. announces a significant financial turnaround with a reported revenue of RMB 1,482.9 million for the first six months of 2024, marking a 9.6% increase from the previous year. The company has shifted from a net loss to a notable net profit of RMB 109.2 million, compared to a net loss of RMB 298.9 million in the same period in 2023. Additionally, a dividend of HK$10.59 cents per share has been recommended by the Board, showcasing the company’s recovery and confidence in its financial health.

For further insights into HK:9983 stock, check out TipRanks’ Stock Analysis page.

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