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YCIH Concrete Reports Sharp Decline in 2024 Interim Results

YCIH Concrete Reports Sharp Decline in 2024 Interim Results

YCIH Green High-Performance Concrete Co., Ltd. Class H (HK:1847) has released an update.

YCIH Green High-Performance Concrete Co., Ltd. has reported a significant downturn in its 2024 interim financial results, with total operating income plummeting by 52.1% and net losses escalating to 163.2% compared to the same period last year. Gross profit has also taken a drastic hit, showing a 63.3% decrease. This stark decline highlights challenges faced by the company in a turbulent economic landscape.

For further insights into HK:1847 stock, check out TipRanks’ Stock Analysis page.

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