Central China New Life Ltd. (HK:9983) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.