Huazhong In-Vehicle Holdings Company Limited (HK:6830) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Huazhong In-Vehicle Holdings Company Limited reported a revenue decline of 10.4% for the first half of 2024 compared to the previous year, despite a 17.5% increase in profit attributable to owners. The company also saw an improvement in gross profit margin to 29.0% and a basic earnings per share growth to approximately RMB1.03 cents, but it will not be declaring an interim dividend for this period.
For further insights into HK:6830 stock, check out TipRanks’ Stock Analysis page.