China South City Holdings Limited (HK:1668) has released an update.
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China South City Holdings Limited reported a significant loss for the first half of 2024, with revenue dropping by 51.7% and losses increasing by over 593% compared to the same period the previous year. The gross profit margin improved to 28.5% from 17.8%, despite the overall financial downturn. These interim results highlight the challenges faced by the company in a changing financial landscape.
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