China Kangda Food Co (SG:P74) has released an update.
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China Kangda Food Co. has released its unaudited interim financial results for the first half of 2024, reporting a loss of 20,031 thousand RMB, which is a significant drop from the 6,257 thousand RMB loss in the same period of 2023. The company’s revenue decreased from 790,603 thousand RMB to 768,711 thousand RMB, and they also experienced a decrease in other income and a rise in selling and distribution expenses.
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