Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited Class H (HK:1379) has released an update.
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Wenling Zhejiang Measuring & Cutting Tools Trading Centre Company Limited reported a decrease in both revenue and profits for the first half of 2024 compared to the previous year, with revenue dropping to RMB 33,887,000 and profits falling to RMB 3,307,000. The company’s gross profit margin improved to 80.8%, yet net profit margin decreased to 9.8%. No interim dividend will be paid for this period.
For further insights into HK:1379 stock, check out TipRanks’ Stock Analysis page.