tiprankstipranks
Poly Property Group Reports Lower Mid-Year Profits
Company Announcements

Poly Property Group Reports Lower Mid-Year Profits

Poly Property Group Co (HK:0119) has released an update.

Invest with Confidence:

Poly Property Group Co. reported a decline in profit for the first half of 2024, with earnings dropping from RMB 719 million in the previous year to RMB 248 million. Despite a decrease in revenue and increased costs impacting the bottom line, the company still managed to post a profit. The earnings per share also fell from 16.73 to 9.77 RMB cents.

For further insights into HK:0119 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App