China Greenland Broad Greenstate Group Company Limited (HK:1253) has released an update.
China Greenland Broad Greenstate Group Company Limited reported a narrowed net loss for the first half of 2024, with a loss of RMB 5,058,000 compared to RMB 27,156,000 in the same period last year. The company’s revenue declined sharply, but gross profit increased, signifying a better profit margin of 19.3% versus the previous year’s meager 0.8%. These interim results reflect a significant reduction in losses and improved operational efficiency.
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