China Hanking Holdings Ltd. (HK:3788) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
China Hanking Holdings Ltd. reported a substantial profit increase of 219.82% for the first half of 2024, boosted by a 30.85% growth in iron ore sales volume and a cost reduction in production. The company announced an interim dividend of HKD0.02 per share and revealed plans to concentrate on its Cygnet Gold Project with the aim to become a gold producer within three years. Despite a 15.06% decrease in revenue, significant improvements in net margin and return on net assets were also highlighted.
For further insights into HK:3788 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue