Hidili Industry Reports Steep Mid-Year Losses

Hidili Industry International Development Limited (HK:1393) has released an update.

Hidili Industry International Development Limited reported a significant downturn in its financial performance for the first half of 2024, with a 35.2% decline in revenue and a dramatic switch from a modest profit to a substantial loss before tax compared to the same period in 2023. The company’s gross profit turned into a loss, and the basic loss per share increased sharply, reflecting challenges faced during the six-month period.

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