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Puxing Energy Reports Increased Profits Amid Revenue Dip

Puxing Energy Reports Increased Profits Amid Revenue Dip

Puxing Energy Ltd. (HK:0090) has released an update.

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Puxing Energy Ltd. reported mixed financial results for the first half of 2024, with a revenue decrease of 10.26% compared to the same period in 2023, but a notable increase of 15.32% in profit attributable to equity shareholders. The company’s total assets rose by 15.26%, and earnings per share improved from RMB0.070 to RMB0.080, despite no dividends being declared.

For further insights into HK:0090 stock, check out TipRanks’ Stock Analysis page.

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