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Global New Material Posts Strong Growth in 1H2024
Company Announcements

Global New Material Posts Strong Growth in 1H2024

Global New Material International Holdings Limited (HK:6616) has released an update.

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Global New Material International Holdings Limited reported a significant increase in their 1H2024 financial results, with a revenue jump of 66.8% and a gross profit surge of 72.8% compared to the first half of 2023. However, despite the robust growth in profit, which saw a 52.7% increase, the company has chosen not to pay any interim dividend for the period.

For further insights into HK:6616 stock, check out TipRanks’ Stock Analysis page.

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