China Starch has released its mid-term performance, with shareholders accounting for a surplus of 0.215 billion yuan, reversing the loss from the same period last year.

Zhitong Finance · Aug 14 16:41

$CHINA STARCH (03838.HK)$ The interim performance for the six months ended June 30, 2024 was released, with a revenue of 5.645 billion yuan (RMB) for the period, a decrease of 2.9% year-on-year; the net profit attributable to shareholders was 0.215 billion yuan, compared with a net loss attributable to shareholders of 37.754 million yuan in the same period last year, turning losses into gains year-on-year; earnings per share of 0.036 yuan.

The announcement stated that the decrease in revenue was mainly due to the average selling price of the group's products.

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中国淀粉发布中期业绩，股东应占溢利2.15亿元，同比扭亏为盈

China Starch has released its mid-term performance, with shareholders accounting for a surplus of 0.215 billion yuan, reversing the loss from the same period last year.

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