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China SCE Group Posts Revenue Gains Amid Losses

China SCE Group Posts Revenue Gains Amid Losses

China SCE Group Holdings (HK:1966) has released an update.

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China SCE Group Holdings Limited reported a significant revenue increase of 161.7% to RMB 24.8 billion for the six months ended June 30, 2024, along with a rise in gross profit margin to 18%. Despite these gains, the company experienced a loss of approximately RMB 3.7 billion attributable to the owners of the parent.

For further insights into HK:1966 stock, check out TipRanks’ Stock Analysis page.

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