Datang Environment Reports Strong H1 2024 Growth
Company Announcements

Datang Environment Reports Strong H1 2024 Growth

Datang Environment Industry Group Co., Ltd. Class H (HK:1272) has released an update.

Datang Environment Industry Group Co., Ltd. reported a robust first half of 2024, with a revenue increase of 4.2% to RMB 2,603.1 million and a significant surge in total comprehensive income by 50.5%, reaching RMB 398.9 million. The company also experienced a gross profit margin improvement of 4 percentage points. An interim dividend of RMB 0.03 per share has been proposed, pending shareholder approval at an upcoming extraordinary general meeting.

For further insights into HK:1272 stock, check out TipRanks’ Stock Analysis page.

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