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Xin Point Reports Strong Mid-Year Financial Growth

Xin Point Reports Strong Mid-Year Financial Growth

Xin Point Holdings Limited (HK:1571) has released an update.

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Xin Point Holdings Limited has released its unaudited interim financial results for the first half of 2024, showcasing an increase in revenue to RMB 1.65 billion and a robust growth in profit attributable to owners at RMB 322.15 million. The company also reported a higher interim dividend of HK20.0 cents per share, reflecting a positive financial performance. Notably, Xin Point’s cash and cash equivalents saw a significant rise, indicating a strong liquidity position.

For further insights into HK:1571 stock, check out TipRanks’ Stock Analysis page.

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