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Ronshine China Sees Revenue Rise Amidst Contracted Sales Dip

Ronshine China Sees Revenue Rise Amidst Contracted Sales Dip

Ronshine China Holdings Ltd. (HK:3301) has released an update.

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Ronshine China Holdings Limited has reported a mixed financial performance for the first half of 2024, with total revenue showing a 6.55% increase compared to the same period last year, despite a significant 65.66% drop in contracted sales. The company has successfully turned around from a gross loss to achieving a gross profit of RMB2,912.26 million. However, the group still reported a net loss attributable to company owners, although this loss has narrowed compared to the first half of 2023.

For further insights into HK:3301 stock, check out TipRanks’ Stock Analysis page.

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