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Taizhou Water Group’s Revenue Rises Amid Losses
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Taizhou Water Group’s Revenue Rises Amid Losses

Taizhou Water Group Co., Ltd. Class H (HK:1542) has released an update.

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Taizhou Water Group Co., Ltd. reports a 7.1% increase in revenue for the first half of 2024, reaching RMB300.3 million, but still faces a loss of RMB46.9 million, which is an improvement over last year’s RMB62.6 million loss for the same period. The loss per share has also decreased from RMB0.25 to RMB0.18, reflecting a positive trend despite the company’s decision against distributing an interim dividend.

For further insights into HK:1542 stock, check out TipRanks’ Stock Analysis page.

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