Tongda Group Holdings (HK:0698) has released an update.
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Tongda Group Holdings’ subsidiary, Tongda Smart Tech, reported a 23.7% increase in revenue for the nine months ending September 2024, reaching RMB 715 million. Despite a modest 1.7% rise in profit before tax, net profit attributable to equity owners saw a 3.6% increase. The company’s financial results, prepared under PRC accounting standards, highlight its growth trajectory in the tech sector.
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