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Hangzhou SF Intra-city Doubles Net Profit in H1 2024
Company Announcements

Hangzhou SF Intra-city Doubles Net Profit in H1 2024

Hangzhou SF Intra-city Industrial Co., Ltd. Class H (HK:9699) has released an update.

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Hangzhou SF Intra-city Industrial Co., Ltd. has reported a robust financial performance for the first half of 2024, with revenue climbing 19.6% to RMB 6.878 billion, and net profit soaring by 105.1% to RMB 62.2 million. The company’s gross profit margin improved slightly to 6.9%, and cash flow from operations significantly increased by 189%. Despite this strong performance, the Board has decided not to issue an interim dividend for the period.

For further insights into HK:9699 stock, check out TipRanks’ Stock Analysis page.

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