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Cheshi Technology Inc. Faces Sharp Profit Decline
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Cheshi Technology Inc. Faces Sharp Profit Decline

Cheshi Technology Inc. (HK:1490) has released an update.

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Cheshi Technology Inc. has reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping by 11.3%, gross profit by 28.8%, and profit for the period by a stark 84.6% compared to the same period in 2023. The company’s adjusted net profit also saw an 84.6% decline, despite the adjustments made for share-based compensation expenses.

For further insights into HK:1490 stock, check out TipRanks’ Stock Analysis page.

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