China Infrastructure & Logistics Group Ltd. (HK:1719) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Infrastructure & Logistics Group Ltd. reported a decrease in revenue and gross profit by 15.9% and 14.4% respectively for the six months ended 30 June 2024, compared to the same period last year. Despite the decline in revenue and gross profit, the company saw a significant surge in profits, with a 129.3% increase in profit for the period, and an even greater 196.7% rise in profit attributable to the company’s owners. No interim dividend has been recommended by the Board for this period.
For further insights into HK:1719 stock, check out TipRanks’ Stock Analysis page.