Chinney Alliance Group Reports Strong Half-Year Turnaround

Chinney Alliance Group Limited (HK:0385) has released an update.

Chinney Alliance Group Limited has reported a significant turnaround with a profit of HK$35,594,000 for the six months ended 30 June 2024, compared to a loss in the same period the previous year. The company’s revenue surged to HK$3.45 billion, up from HK$2.54 billion, marking substantial growth. This positive financial performance is attributed to increased sales and effective cost management, showcasing a robust recovery for the firm.

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