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China Water Affairs Reports Revenue Drop Amid Service Gains
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China Water Affairs Reports Revenue Drop Amid Service Gains

China Water Affairs Group (HK:0855) has released an update.

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China Water Affairs Group reported a 13% decline in revenue for the six months ending September 2024, driven by a significant drop in pipeline direct drinking water supply construction services. Despite the overall revenue decrease, the company saw a 76.8% increase in sewage treatment and drainage operations services. The interim dividend remained stable at HK13 cents per share.

For further insights into HK:0855 stock, check out TipRanks’ Stock Analysis page.

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