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China Uptown Group Reports Narrowed H1 Losses
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China Uptown Group Reports Narrowed H1 Losses

China Uptown Group Co. Ltd. (HK:2330) has released an update.

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China Uptown Group Co. Ltd., a Cayman Islands-incorporated company, has released its unaudited interim financial results for the first half of 2024, revealing a significant reduction in losses from RMB 43,012 thousand in 2023 to RMB 19,636 thousand in 2024. The company experienced an increased revenue of RMB 23,328 thousand compared to RMB 4,468 thousand the previous year, despite a still-negative performance with a basic and diluted loss per share of 5.63 RMB cents.

For further insights into HK:2330 stock, check out TipRanks’ Stock Analysis page.

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