Xinchen China Power Posts Modest Profit Growth

Xinchen China Power Holdings Ltd. (HK:1148) has released an update.

Xinchen China Power Holdings Limited reported unaudited interim financial results, revealing a slight increase in profit for the six months ended June 30, 2024, compared to the same period last year. The company’s revenue rose from RMB 2,249,808,000 to RMB 2,619,532,000, while profits increased from RMB 21,742,000 to RMB 22,125,000. Despite higher revenues, the earnings per share remained unchanged at RMB 0.017.

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