Jiangsu Innovative Ecological New Materials Ltd. (HK:2116) has released an update.
Jiangsu Innovative Ecological New Materials Ltd. reported a decrease in profit for the first half of 2024, with earnings falling to RMB 6,870,000 compared to RMB 10,878,000 in the same period last year. Revenue also declined, dropping from RMB 99,895,000 to RMB 69,137,000, while the gross profit saw a reduction from RMB 25,307,000 to RMB 19,032,000.
For further insights into HK:2116 stock, check out TipRanks’ Stock Analysis page.