China Boqi Environmental Reports Profit Dip
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China Boqi Environmental Reports Profit Dip

China Boqi Environmental (Holding) Co., Ltd. (HK:2377) has released an update.

China Boqi Environmental (Holding) Co., Ltd. reported a decline in financial performance for the first half of 2024, with revenue decreasing to RMB 949 million, down 5.2% from the previous year, and net profit falling 14.7% to RMB 116 million. The company’s gross profit also saw a slight drop of 1.5% compared to the same period last year. These results reflect a challenging period for the firm, with a reduction in both profit margins and overall profitability.

For further insights into HK:2377 stock, check out TipRanks’ Stock Analysis page.

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