Conch Venture announced its financial report for the first half of 2024, showing a decline in both revenue and profit. During the reporting period, the company achieved revenue of RMB 3.135 billion, a decrease of 29.35% year-on-year; pre-tax profit was RMB 1.252 billion, a decrease of 39.40% year-on-year. The net profit attributable to equity shareholders of the company was RMB 1.176 billion, down 35.32% year-on-year. The company stated that the decrease in revenue was mainly due to a reduction in ongoing projects, while the profit decline was due to a decrease in the share of profits from its associated company, Conch Group. Additionally, the company did not declare an interim dividend during the reporting period and repurchased and cancelled a total of 17,904,500 of its own shares on the Stock Exchange of Hong Kong. Following the reporting period, the company announced it will hold a board of directors meeting on September 4, 2024, to review the declaration of a special dividend.

Conch Venture announced its financial report for the first half of 2024, showing a decline in both revenue and profit. During the reporting period, the company achieved revenue of RMB 3.135 billion, a decrease of 29.35% year-on-year; pre-tax profit was RMB 1.252 billion, a decrease of 39.40% year-on-year. The net profit attributable to equity shareholders of the company was RMB 1.176 billion, down 35.32% year-on-year. The company stated that the decrease in revenue was mainly due to a reduction in ongoing projects, while the profit decline was due to a decrease in the share of profits from its associated company, Conch Group. Additionally, the company did not declare an interim dividend during the reporting period and repurchased and cancelled a total of 17,904,500 of its own shares on the Stock Exchange of Hong Kong. Following the reporting period, the company announced it will hold a board of directors meeting on September 4, 2024, to review the declaration of a special dividend.