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IVD Medical Posts Strong Profit Growth Amid Revenue Dip
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IVD Medical Posts Strong Profit Growth Amid Revenue Dip

IVD Medical Holding Limited (HK:1931) has released an update.

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IVD Medical Holding Limited reported a slight revenue decrease of 1.7% in their interim financial results for the first half of 2024, compared to the same period in 2023. However, the company saw a significant profit increase, with a 22.7% rise in profit for the period, attributed to a stronger gross profit margin in their after-sales services business. The results highlight an improved operating performance despite a dip in revenue.

For further insights into HK:1931 stock, check out TipRanks’ Stock Analysis page.

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