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China Zenith Chemical Group Reports Decreased Turnover and Loss for Interim 2024

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China Zenith Chemical Group Reports Decreased Turnover and Loss for Interim 2024

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Xinyang Maojian Group ( (HK:0362) ) has shared an update.

China Zenith Chemical Group Limited, a company incorporated in the Cayman Islands and continued in Bermuda, has announced its unaudited interim results for the six months ended December 31, 2024. The company, which operates in the chemical industry, reported a turnover of HK$21,523,000, marking a 13% decrease from the previous year. The loss for the period was HK$69,006,000, a 19% improvement compared to the previous period. The basic loss per share decreased by 69%, but no interim dividend per share was declared. These results reflect ongoing challenges in the market, impacting the company’s financial performance and shareholder returns.

More about Xinyang Maojian Group

YTD Price Performance: -65.00%

Average Trading Volume: 17,917,392

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$37.84M

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