Tiande Chemical Holdings Limited (HK:0609) has released an update.
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Tiande Chemical Holdings Limited reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping by 14.3% to RMB 987.8 million and gross profit plunging by 53% to RMB 144.1 million compared to the previous year. The profit attributable to company owners was down to RMB 42.4 million, a steep decrease from RMB 166.1 million in the same period of 2023, and the interim dividend was also reduced to HK$0.02 per share.
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