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China Wan Tong Yuan Sees Profit and Revenue Dip

China Wan Tong Yuan Sees Profit and Revenue Dip

China Wan Tong Yuan (Holdings) Ltd. (HK:6966) has released an update.

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China Wan Tong Yuan (Holdings) Ltd reports a significant decline in its financial performance for the first half of 2024, with revenues down 21.3% and profits falling by 47.8% compared to the same period in 2023. The company experienced a decrease in revenue to RMB 24,137,000 and profits to RMB 7,277,000, and will not be distributing an interim dividend.

For further insights into HK:6966 stock, check out TipRanks’ Stock Analysis page.

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