Zhenro Services Reports Lowered Profits and Revenue

Zhenro Services Group Limited (HK:6958) has released an update.

Zhenro Services Group Limited reported a revenue decline of 9.6% and a gross profit decrease of 29% in their interim results for the first half of 2024, compared to the same period in 2023. The company also posted a loss of RMB14.9 million, a significant downturn from the RMB15.4 million profit in the first half of 2023, despite stable management of approximately 80.8 million square meters of gross floor area. No interim dividend will be declared for this period.

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