tiprankstipranks
Trending News
More News >

Lonking Holdings Posts Strong Profit Growth

Lonking Holdings Posts Strong Profit Growth

Lonking Holdings (HK:3339) has released an update.

Confident Investing Starts Here:

Lonking Holdings Limited has reported a solid increase in profit for the first half of 2024, with unaudited interim results showing a rise to RMB 458.5 million from RMB 307.4 million in the corresponding period of 2023. Despite a slight decrease in revenue, the company successfully managed to cut costs, resulting in a higher gross profit and profit before tax. The earnings per share also improved, reaching RMB 0.11 up from RMB 0.07.

For further insights into HK:3339 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1