China Oriental Group Co (HK:0581) has released an update.
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China Oriental Group Company Limited has released unaudited consolidated financial results for its subsidiary Qingdao Huijintong Power Equipment Co., Ltd. for the first half of 2024, showing an increase in total operating income and net profit compared to the same period in 2023. The financials, which were prepared according to China Accounting Standards, reveal a rise in operating profit and a net profit after tax, indicating a positive performance trajectory for the subsidiary.
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