Chinese People Holdings Co. Ltd. (HK:0681) has released an update.
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Chinese People Holdings Co. Ltd. reports a 5.90% increase in revenue to RMB1,362 million for the first half of 2024, driven by their piped gas transmission and distribution business. However, the company’s profit has decreased by RMB13.03 million to RMB66.61 million compared to the same period in 2023, primarily due to lower joint venture profits. The Board has decided against paying an interim dividend, consistent with the previous year.
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