Ruifeng Power Group Co., Ltd. (HK:2025) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Ruifeng Power Group Co., Ltd. reported a 26% increase in revenue, reaching 430,971 thousand RMB for the first half of 2024 compared to the same period in 2023, while the company’s net profit rose by 17.4%. Despite the revenue and profit growth, the gross profit margin declined slightly, and the company decided against issuing an interim dividend, a change from the previous year’s distribution of HK$1.5 cents per share. This performance indicator is crucial for investors tracking the company’s profitability and financial health.
For further insights into HK:2025 stock, check out TipRanks’ Stock Analysis page.