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China Jicheng Reports Increased Gross Profit Amid Wider Net Loss
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China Jicheng Reports Increased Gross Profit Amid Wider Net Loss

China Jicheng Holdings Limited (HK:1027) has released an update.

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China Jicheng Holdings Limited has released its unaudited condensed interim financial results for the six months ending on 30 June 2024, revealing an increased gross profit but a larger net loss compared to the same period in the previous year. The company experienced a gross profit of RMB 18,446,000, up from RMB 12,140,000, yet the net loss widened to RMB 11,985,000 from RMB 7,314,000, with a basic and diluted loss per share of 2.91 cents. These interim results have been made available on the Stock Exchange of Hong Kong’s website and the company’s site, with a printed version to be dispatched to shareholders in due course.

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