DOWELL SERVICE GROUP Reports Increased Revenue
Company Announcements

DOWELL SERVICE GROUP Reports Increased Revenue

DOWELL SERVICE GROUP CO. LIMITED Class H (HK:2352) has released an update.

DOWELL SERVICE GROUP CO. LIMITED reports a 5.8% increase in revenue to RMB769.9 million for the first half of 2024, with a slight profit increase of 1.2% to RMB25.2 million, despite mixed performance across business segments and a decreased gross profit margin. The company also announced an interim dividend of RMB0.036 per share after acquiring a significant stake in Shanghai Evergreen, which required a retrospective restatement of 2023’s financial data.

For further insights into HK:2352 stock, check out TipRanks’ Stock Analysis page.

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