Shenyang Public Utility Posts Mid-Year Profit

Shenyang Public Utility Holdings Co. Ltd. Class H (HK:0747) has released an update.

Shenyang Public Utility Holdings Co. Ltd. reports a turnaround with a profit of RMB 1,861 thousand for the six-month period ending June 30, 2024, bouncing back from a loss of RMB 4,633 thousand in the same period last year. This positive shift is highlighted by a significant increase in other income and a modest rise in revenue, despite increases in administrative and operating expenses and finance costs.

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