Xingye Wulian Posts Strong Profit Growth
Company Announcements

Xingye Wulian Posts Strong Profit Growth

Xingye Wulian Service Group Co. Ltd. (HK:9916) has released an update.

Xingye Wulian Service Group Co. Ltd. reported a revenue increase of 4.7% to RMB167.2 million for the first half of 2024, but noted a slight gross profit dip of 1.0%. The company’s profit for equity holders surged by 15.9% to RMB24.1 million, with earnings per share climbing to RMB6.02 cents, marking a robust financial performance despite mixed results.

For further insights into HK:9916 stock, check out TipRanks’ Stock Analysis page.

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