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Zhongmiao Holdings Reports Solid Mid-Year Growth

Zhongmiao Holdings Reports Solid Mid-Year Growth

Zhongmiao Holdings (Qingdao) Co., Ltd. Class H (HK:1471) has released an update.

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Zhongmiao Holdings (Qingdao) Co., Ltd. reported a robust financial performance for the first half of 2024, with a revenue increase of 8.5% to RMB 88.5 million and a 5.4% rise in profit to RMB 21.6 million, compared to the same period last year. The company also experienced a significant 23.1% growth in adjusted operating profit, indicating a strong upward trend in profitability.

For further insights into HK:1471 stock, check out TipRanks’ Stock Analysis page.

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