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Lingbao Gold’s Profit Rises Amidst Revenue Dip
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Lingbao Gold’s Profit Rises Amidst Revenue Dip

Lingbao Gold Group Company Ltd. Class H (HK:3330) has released an update.

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Lingbao Gold Group Company Ltd. has reported its unaudited interim financial results for the first half of 2024, with a notable increase in profit to RMB 152.658 million compared to RMB 120.467 million in the same period the previous year. Despite a decrease in revenue from RMB 5.838 billion to RMB 4.281 billion, the company has improved its gross profit margin and managed to reduce its finance costs. The earnings per share have seen a decrease from 16.24 to 12.54 RMB cents.

For further insights into HK:3330 stock, check out TipRanks’ Stock Analysis page.

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