USPACE Reports Mixed Mid-Year Financials

Hong Kong Aerospace Technology Group Limited (HK:1725) has released an update.

USPACE Technology Group Limited reported a revenue decline of 12.8% to RMB 148.0 million in the first half of 2024, yet saw a gross profit increase of 23.3% compared to the same period last year. Despite the mixed financial performance, the loss attributable to equity holders improved, dropping to RMB 71.6 million from RMB 87.3 million in the previous year.

For further insights into HK:1725 stock, check out TipRanks’ Stock Analysis page.