Kingdom Holdings Limited (HK:0528) has released an update.
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Kingdom Holdings Limited reported a substantial revenue increase of 37.5% for the first half of 2024, reaching almost RMB 1.13 billion, driven by higher linen yarn prices, despite a slight gross profit margin decline due to increased raw material costs. Profits also rose by 16.3% to RMB 78.5 million, with earnings per share up by 9.1% to RMB 0.12.
For further insights into HK:0528 stock, check out TipRanks’ Stock Analysis page.