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Guangdong Kanghua Reports H1 2024 Financial Downturn
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Guangdong Kanghua Reports H1 2024 Financial Downturn

Guangdong Kanghua Healthcare Co., Ltd. Class H (HK:3689) has released an update.

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Guangdong Kanghua Healthcare Group Co., Ltd. has reported a decrease in revenue to RMB 984.5 million and a shift from profit to a loss of RMB 24.7 million for the first half of 2024, compared to the same period last year. This marks a significant downturn as the loss per share reached RMB 5.8 cents, while adjusted EBITDA also saw a 29.3% decline. The company’s board has decided against paying an interim dividend for this period.

For further insights into HK:3689 stock, check out TipRanks’ Stock Analysis page.

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