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WellCell Holdings Reports Decreased Earnings

WellCell Holdings Co., Limited (HK:2477) has released an update.

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WellCell Holdings Co., Limited reported a decline in both revenue and profits for the first half of 2024, with revenues falling 6.8% to RMB106.1 million, and profits decreasing by 26.9% to RMB10.7 million compared to the same period last year. The earnings per share also dropped significantly by 44.2% to RMB2.18, and the board has decided against paying out an interim dividend.

For further insights into HK:2477 stock, check out TipRanks’ Stock Analysis page.

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