Chuan Holdings Reports Increased H1 2024 Profits

Chuan Holdings Limited (HK:1420) has released an update.

Chuan Holdings Limited has reported a net profit of S$2,371,000 for the first half of 2024, marking a notable increase from the S$1,739,000 recorded in the same period of the previous year. This improved performance is reflected in a higher basic earnings per share of 0.19 cents, up from 0.17 cents year-over-year. The company has seen a rise in gross profit despite a slight drop in revenue, demonstrating effective cost management and operational efficiency.

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