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EDA Group Reports Strong Mid-Year Financials

EDA Group Holdings Limited (HK:2505) has released an update.

Invest with Confidence:

EDA Group Holdings Limited has reported a robust performance for the first half of 2024, with a significant 61.6% increase in revenue and a 39.3% rise in gross profit. Net profit for the period also grew by 3.5% to RMB30.0 million, while adjusted net profit soared by 42.1%. The Board announced a declaration of an interim dividend of HK3.5 cents, reflecting confidence in the company’s financial growth.

For further insights into HK:2505 stock, check out TipRanks’ Stock Analysis page.

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