Huashi Group Shows Strong Revenue Growth in H1 2024

Huashi Group Holdings Limited (HK:1111) has released an update.

Huashi Group Holdings Limited reports an 8.5% increase in revenue and a similar rise in gross profit for the first half of 2024 compared to the same period last year, although adjusted net profit slightly declined by 1.9%. The company’s profit before income tax also saw a growth of 8.6%, indicating a strong financial performance despite market challenges. Basic and diluted earnings per share decreased from 5.33 RMB cents to 4.66 RMB cents year-over-year.

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