Sinofert Holdings Reports Steady Growth Amid Challenges

Sinofert Holdings (HK:0297) has released an update.

Sinofert Holdings Limited reported a 4.21% revenue increase to RMB 13,681 million and a 4.68% rise in profit attributable to owners at RMB 1,051 million for the first half of 2024, despite global economic challenges. The company’s strategic shift to a ‘Bio+’ focus led to new product launches and a 27% profit boost in its growth business segment, though no interim dividend was declared.

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