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Hengxin Technology Reports Mixed H1 2024 Results

Hengxin Technology Reports Mixed H1 2024 Results

Hengxin Technology Ltd. (HK:1085) has released an update.

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Hengxin Technology Ltd. reported mixed financial results for the first half of 2024, with revenue rising 4.4% to RMB 1,115.3 million, but net profit for shareholders dropping by 46.9% to RMB 26.6 million compared to the same period last year. The company’s gross profit margin also saw a slight decrease, and no interim dividend has been declared.

For further insights into HK:1085 stock, check out TipRanks’ Stock Analysis page.

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