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China Longevity Group Announces Growth Amidst Challenges
Company Announcements

China Longevity Group Announces Growth Amidst Challenges

China Longevity Group Co. Ltd. (HK:1863) has released an update.

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China Longevity Group Company Limited reported an 18.9% revenue increase to RMB 532.2 million and a slight profit rise of 3.1% to RMB 20.2 million in their interim results for the first half of 2024. Despite higher revenues, the gross profit margin saw a minor decrease from 18.3% to 17.4%. The company did not declare an interim dividend, consistent with the previous year’s policy.

For further insights into HK:1863 stock, check out TipRanks’ Stock Analysis page.

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