Riverine China Holdings Posts Increased Semi-Annual Profit

Riverine China Holdings Limited (HK:1417) has released an update.

Riverine China Holdings Limited reported an increase in profit for the six months ending June 30, 2024, with unaudited results showing a profit of RMB 3,818,000 compared to RMB 1,846,000 in the same period last year. Despite a slight dip in revenue, the company has managed to reduce costs and expenses, resulting in a higher profit before tax. The earnings per share have also seen a positive turn, now listed at RMB 0.01.

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