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Dingyi Group Reports Profit Decline Amid Rising Revenue

Dingyi Group Reports Profit Decline Amid Rising Revenue

Dingyi Group Investment Limited (HK:0508) has released an update.

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Dingyi Group Investment Limited anticipates a significant drop in net profit for the six months ending September 2024, despite a notable increase in revenue. The company attributes the profit decline to a lower gross profit margin, impairment losses, and increased selling costs. These factors overshadowed gains from changes in the fair value of financial assets.

For further insights into HK:0508 stock, check out TipRanks’ Stock Analysis page.

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