Changmao Biochemical Engineering Co. Ltd. Class H (HK:0954) has released an update.
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Changmao Biochemical Engineering Co. Ltd. reported a revenue increase to RMB 313,802,000 for the first half of 2024; however, the period ended with a significant loss of RMB 18,786,000 compared to a profit in the previous year. The company also decided against issuing an interim dividend to shareholders, reflecting a focus on financial stability amidst challenging times.
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