tiprankstipranks
Trending News
More News >

WuXi XDC Posts Remarkable Mid-Year Financial Growth

WuXi XDC Cayman, Inc. (HK:2268) has released an update.

Confident Investing Starts Here:

WuXi XDC Cayman Inc. reported significant growth in its interim financial results for the first half of 2024, with revenue surging by 67.6% to RMB 1,665.2 million and gross profit soaring by 133.4% to RMB 535.3 million. Net profit for the company’s owners jumped by 175.5% to RMB 488.2 million, while the adjusted net profit also saw a robust increase of 146.6% to RMB 533.6 million. Despite these strong financial gains, the Board has decided not to issue any interim dividend for this period.

For further insights into HK:2268 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1