Zhengye International Posts Turnaround Profits

Zhengye International Holdings Co., Ltd. (HK:3363) has released an update.

Zhengye International Holdings Co., Ltd. has reported a significant turnaround in its interim financial results for the first half of 2024, with a net profit of RMB 15,026,000 compared to a loss in the previous year. The company’s revenue remained stable, gross profit margin improved to 14.08%, and EBITDA increased to RMB 110,867,000. These results indicate a positive shift in the company’s profitability and operational efficiency.

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