Xinjiang Tianye Water Saving Irrigation System Co., Ltd. Class H (HK:0840) has released an update.
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Xinjiang Tianye Water Saving Irrigation System Co., Ltd. anticipates a remarkable 80% increase in net profit for the first half of 2024, reaching approximately RMB 14 million, buoyed by the gross profit growth from engineering projects and products. This preliminary financial performance estimation is yet to be confirmed by further reviews and an independent auditor’s evaluation, with final details to be disclosed in the upcoming interim results by the end of August 2024.
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