Hongcheng Environmental Technology Co., Ltd. (HK:2265) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Hongcheng Environmental Technology Co., Ltd. has reported a substantial growth in its interim financial results for the first half of 2024, with total revenue more than doubling to RMB105.1 million and net profit surging by 94.3% to RMB20.4 million. However, despite the significant rise in profits, the company’s gross profit margin has decreased from 63.3% to 49.4% compared to the same period last year.
For further insights into HK:2265 stock, check out TipRanks’ Stock Analysis page.