Zhongtian Construction Reports Steep Mid-Year Losses
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Zhongtian Construction Reports Steep Mid-Year Losses

Zhongtian Construction (Hunan) Group Limited (HK:2433) has released an update.

Zhongtian Construction (Hunan) Group Limited reported a significant downturn in its financial performance for the first half of 2024, with revenue plummeting by 47.7% to RMB356.5 million, and a shift from a profit of RMB18.8 million in the previous year to a loss of RMB21.6 million. The company also experienced a decline in gross profit margin and has decided not to issue an interim dividend.

For further insights into HK:2433 stock, check out TipRanks’ Stock Analysis page.

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