Hilong Holding Ltd. (HK:1623) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Hilong Holding Ltd. reported a remarkable 33.5% increase in revenue, reaching approximately RMB2,465.6 million for the first half of 2024, with a significant rise in profit attributable to equity owners by 70.4% compared to the previous year. Despite these gains, the company decided not to declare an interim dividend for this period. Trading remains suspended, reflecting an ongoing strategic review.
For further insights into HK:1623 stock, check out TipRanks’ Stock Analysis page.