Zhongguancun Reports Solid Mid-Year Growth
Company Announcements

Zhongguancun Reports Solid Mid-Year Growth

Zhongguancun Science-Tech Leasing Co. Ltd. Class H (HK:1601) has released an update.

Zhongguancun Science-Tech Leasing Co., Ltd. reported an encouraging financial performance for the first half of 2024, with a revenue increase of 6.3% and a profit increase of 4.8% compared to the same period in 2023. Despite a slight decrease in total assets, shareholders’ equity saw a modest rise of 1.9%. The company’s profitability remained robust with a return on average equity of 11.3% and a return on average assets of 2.3%.

For further insights into HK:1601 stock, check out TipRanks’ Stock Analysis page.

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