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CNQC International Boasts Robust Mid-Year Turnaround
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CNQC International Boasts Robust Mid-Year Turnaround

CNQC International Holdings Limited (HK:1240) has released an update.

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CNQC International Holdings Limited reports a significant turnaround in their interim results for the first half of 2024, with a net profit of HK$29,628,000 compared to a loss of HK$138,122,000 in the same period last year. The company’s revenue saw a substantial increase, and operating profit rose to HK$204,316,000, marking a strong recovery from an operating loss previously. This financial rebound reflects the company’s success in enhancing profitability and managing costs effectively.

For further insights into HK:1240 stock, check out TipRanks’ Stock Analysis page.

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