CIMC Enric’s Mixed Financial Results for H1 2024
Company Announcements

CIMC Enric’s Mixed Financial Results for H1 2024

CIMC Enric Holdings (HK:3899) has released an update.

CIMC Enric Holdings Limited reported a 6.7% increase in revenue to RMB 11.48 billion for the first half of 2024 compared to the same period in 2023, yet net profit and profit attributable to shareholders saw a decline of 11.6% and 14.5%, respectively. Basic earnings per share also dropped by 14.8%, reflecting a decrease in gross profit margin from 16.5% to 14.3%.

For further insights into HK:3899 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskCIMC Enric Holdings Sees Revenue Growth in 2024
TipRanks HongKong Auto-Generated NewsdeskCIMC Enric Subsidiary Faces Declining Q3 Profits
TipRanks HongKong Auto-Generated NewsdeskCIMC Enric’s Controlling Shareholder Boosts Stake
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App