tiprankstipranks
China Ludao Technology Reports Earnings Growth
Company Announcements

China Ludao Technology Reports Earnings Growth

China Ludao Technology Co. Ltd. (HK:2023) has released an update.

Don't Miss our Black Friday Offers:

China Ludao Technology Co. Ltd. reports a solid increase in revenues, recording RMB 552,976,000 for the six months ending June 30, 2024, up from RMB 406,358,000 for the same period the previous year. Despite a slight dip in gross profit, the company’s overall profit for the period grew to RMB 41,617,000 from RMB 30,253,000, with earnings per share rising from RMB 0.06 to RMB 0.08. The financial update underlines the company’s growth trajectory and operational success amid the dynamic market conditions.

For further insights into HK:2023 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App