China Pipe Group Reports Solid Half-Year Growth

China Pipe Group Limited (HK:0380) has released an update.

China Pipe Group Limited has announced an increase in its half-year profits, with unaudited results showing a rise in revenue from HK$341,260,000 in 2023 to HK$374,299,000 in 2024. The company’s profits after tax have also grown from HK$31,646,000 to HK$37,398,000, marking a solid performance despite a slight decline in other comprehensive income due to currency translation differences. This financial growth is reflected in an improved earnings per share from 2.38 HK cents to 2.81 HK cents over the same period.

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