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Huaxi Holdings Reports Sharp Decline in H1 2024 Earnings

Huaxi Holdings Reports Sharp Decline in H1 2024 Earnings

Huaxi Holdings Co. Ltd. (HK:1689) has released an update.

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Huaxi Holdings Co. Ltd. has reported a significant downturn in its financial results for the first half of 2024, with an 11.5% drop in revenue and a staggering 160.1% increase in losses to owners. The operating loss has more than doubled, rising by 152.9%, and the company has announced that no interim dividend will be paid for this period.

For further insights into HK:1689 stock, check out TipRanks’ Stock Analysis page.

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