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A-Living Reports Revenue Decline and Net Loss
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A-Living Reports Revenue Decline and Net Loss

A-Living Smart City Services Co., Ltd. Class H (HK:3319) has released an update.

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A-Living Smart City Services Co., Ltd. reported a decrease in revenue by 8.8% and gross profit by 24.2% for the first half of 2024 compared to the previous year. The company experienced a significant net loss of RMB 1,532.3 million, contrasting with a profit in the previous year, despite an adjusted core net profit of RMB 715.9 million. However, they have proposed an interim dividend increase of 20% to RMB 0.03 per share.

For further insights into HK:3319 stock, check out TipRanks’ Stock Analysis page.

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