Shengli Oil & Gas Pipe Holdings Ltd. (HK:1080) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Shengli Oil & Gas Pipe Holdings Ltd. reported a revenue increase of 3.5% year-over-year for the first half of 2024, with a gross profit margin rise to 11.0%. Despite this, the company experienced a net loss of around RMB23.7 million, an improvement from the RMB57.3 million loss in the same period the previous year. The company’s board has decided not to issue an interim dividend.
For further insights into HK:1080 stock, check out TipRanks’ Stock Analysis page.
