Global New Material International Holdings Limited (HK:6616) has released an update.
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Global New Material International Holdings Limited, the largest shareholder of CQV with a 42.45% stake, has reported significant growth in its subsidiary’s revenue and net profit for the first half of 2024. CQV’s unaudited financial results show a substantial increase in total revenue to KRW 30.68 billion and net profit to KRW 5.10 billion, alongside a solid rise in total assets. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
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