Sunshine 100 Reports Significant Mid-Year Losses
Company Announcements

Sunshine 100 Reports Significant Mid-Year Losses

Sunshine 100 China Holdings Ltd. (HK:2608) has released an update.

Sunshine 100 China Holdings Ltd reports a challenging first half of 2024 with a significant loss of RMB1,676.6 million compared to the previous year, and a negative gross profit margin of 15.2%. The company’s total assets stand at RMB49,632.0 million, yet it faces a total deficit attributable to equity shareholders of RMB2,082.2 million. Amid these financial difficulties, the Board has decided not to issue an interim dividend for the period.

For further insights into HK:2608 stock, check out TipRanks’ Stock Analysis page.

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