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CEOVU Reports Sharp Profit Decline in H1 2024

CEOVU Reports Sharp Profit Decline in H1 2024

China Electronics Optics Valley Union Holding Co., Ltd. (HK:0798) has released an update.

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China Electronics Optics Valley Union Holding Co. Ltd. reported a significant decrease in profit for the first half of 2024 compared to the same period in 2023, with unaudited financial results showing a decline in revenue and an increase in net finance costs. The company’s gross profit fell sharply from the previous year, and basic earnings per share dropped from 1.08 RMB cents to just 0.24 RMB cents.

For further insights into HK:0798 stock, check out TipRanks’ Stock Analysis page.

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