Denox Reveals Improved Mid-Year Financials

Denox Environmental & Technology Holdings Limited (HK:1452) has released an update.

Denox Environmental & Technology Holdings Limited reported its interim results, showcasing a gross profit increase to RMB 13,460,000 for the first half of 2024 from RMB 9,628,000 in the previous year despite a slight drop in revenue. The company also experienced a comprehensive loss of RMB 9,657,000 for the period, marginally improving over last year’s RMB 9,782,000. These unaudited financials indicate a reduction in net loss and an enhanced gross profit margin for Denox.

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