tiprankstipranks
Tongdao Liepin Group Sees Profit Surge Amid Revenue Dip
Company Announcements

Tongdao Liepin Group Sees Profit Surge Amid Revenue Dip

Tongdao Liepin Group (HK:6100) 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

Tongdao Liepin Group reported a notable increase in net profit for the quarter ending September 2024, growing by 48.5% to RMB60 million, despite a 10% decline in revenue. The company’s non-GAAP operating profit also saw a significant rise, marking a 28.3% increase compared to the previous year. These financial results highlight the company’s robust profitability amidst declining revenues in its talent acquisition and HR services sector.

For further insights into HK:6100 stock, check out TipRanks’ Stock Analysis page.

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