Xinji Shaxi Group Co., Ltd. (HK:3603) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Xinji Shaxi Group Co., Ltd. has reported its interim financial results for the first half of 2024, noting a slight increase in revenue to RMB 129,405,000 from RMB 129,101,000 in the previous year. Despite the rise in revenue, the company experienced a higher loss for the period at RMB 91,293,000 compared to RMB 82,929,000 in 2023. However, the core net profit improved, showcasing a robust margin increase from 28% to 36% year-over-year.
For further insights into HK:3603 stock, check out TipRanks’ Stock Analysis page.