Helens International Reports Decreased Mid-Year Profits

Helens International Holdings Company Limited (HK:9869) has released an update.

Helens International Holdings Company Limited reported a decrease in revenue and profits for the first half of 2024 compared to the same period in 2023. The unaudited interim financial results revealed a drop in revenue from approximately 710 million RMB to 441 million RMB, with profits before income tax falling from about 133 million RMB to 69 million RMB. Adjusted net profit also saw a decline from 188 million RMB to 90 million RMB, after accounting for secondary listing expenses and losses from bar optimization and adjustment.

For further insights into HK:9869 stock, check out TipRanks’ Stock Analysis page.