Chen Xing Development Holdings Limited (HK:2286) has released an update.
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Chen Xing Development Holdings Limited reported a significant decrease in contracted sales and gross floor area by approximately 69.8% and 61.3% respectively, for the six months ending June 30, 2024, compared to the previous year. Despite this, the company achieved a revenue of about RMB 1.07 billion and a net profit of RMB 92.5 million, with a basic earnings per share of RMB 0.04. The Board has decided not to issue any interim dividend for this period.
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