Xinjiang La Chapelle Fashion Co., Ltd. Class H (HK:6116) has released an update.
Xinjiang La Chapelle Fashion Co., Ltd. has announced its unaudited interim financial results for the first half of 2024, revealing a significant reduction in losses compared to the previous year. The company’s revenue and gross profit have decreased by 17.4% and 15.2% respectively, but its net loss has improved by 93%, indicating a substantial recovery in profitability. The results also show a positive shift in financial ratios, including a remarkable improvement in both operating and profit margins.
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