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Zonqing Environmental’s Steady Mid-Year Profits

Zonqing Environmental’s Steady Mid-Year Profits

Zonqing Environmental Limited (HK:1855) has released an update.

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Zonqing Environmental Limited reported its unaudited financial performance for the first half of 2024, revealing a slight decrease in revenue compared to the same period in 2023 but managing to maintain a stable profit. Despite higher costs of sales and impairment losses, the company achieved a gross profit increase, with a total profit for the period marginally lower than the previous year. The earnings per share dipped slightly from 13 RMB cents to 12 RMB cents.

For further insights into HK:1855 stock, check out TipRanks’ Stock Analysis page.

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