tiprankstipranks
Congyu Holdings Reports Sharp Decline in H1 2024 Earnings
Company Announcements

Congyu Holdings Reports Sharp Decline in H1 2024 Earnings

China Finance Investment Holdings Limited (HK:0875) has released an update.

Pick the best stocks and maximize your portfolio:

Congyu Intelligent Agricultural Holdings Limited reported a significant decrease in revenue and net profit for the first half of 2024, with revenue dropping by 72.2% to HK$299.7 million and net profit falling to HK$4.9 million from HK$30.1 million in the previous year. The company’s earnings per share also saw a decline to HK2.45 cents from HK7.99 cents compared to the same period in 2023.

For further insights into HK:0875 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App