Xingda International Holdings (HK:1899) has released an update.
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Xingda International Holdings reports a 13.8% increase in revenue to RMB 6.17 billion and a 17.7% rise in gross profit for the first half of 2024, despite a slight 0.1% uptick in profit attributable to owners and a decline in earnings per share. The company experienced a solid gross profit margin improvement and continued investment in research and development during the period.
For further insights into HK:1899 stock, check out TipRanks’ Stock Analysis page.