Hi Sun Technology Reports Sharp Profit Decline

Hi Sun Technology (China) Limited (HK:0818) has released an update.

Hi Sun Technology (China) Limited reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping by 10% and profit plunging by 93% compared to the same period last year. The company’s operating profit and adjusted net profit also saw a dramatic decrease of 86% and 53%, respectively. Basic earnings per share plummeted by 99%, reflecting the challenging period faced by the company.

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