Tongda Group Holdings (DE:TJC) has released an update.
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Tongda Group Holdings Limited has announced a positive financial performance for its subsidiary, Tongda Smart Tech (Xiamen) Company Limited, with a 20.7% increase in revenue and a 13.3% rise in net profit for the first half of 2024 compared to the same period in 2023. Despite the growth in profit, the total equity attributable to the company’s owners saw a slight decrease of 1.7%. Investors are advised to exercise caution when dealing in the company’s securities.
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