Texhong Textile Group (DE:T1TA) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Texhong Textile Group has reported a robust financial performance for the first half of 2024, with a revenue increase of 4.2% reaching RMB 11.2 billion and a significant rise in net profit to RMB 282.3 million. The gross profit margin also soared, improving by 10.8 percentage points to 13.2%. Shareholders were rewarded with an interim dividend of 10 HK cents per share.
For further insights into DE:T1TA stock, check out TipRanks’ Stock Analysis page.
