Hengdeli (03389) announced its interim performance for the six months ended June 30, 2024, with the group generating revenue...
According to the Zhitong Finance App, Hengdeli (03389) released its interim performance for the six months ended June 30, 2024. The group achieved revenue of 0.58 billion yuan (same unit below), a 14.1% year-on-year decrease; shareholders' share of losses increased by 2.504 million yuan, a 26.1% year-on-year increase; with a loss per share of 0.001 yuan.
The announcement stated that the main reasons for the increased losses were the rise in depreciation expenses of properties, factories, and equipment, as well as exchange rate fluctuations leading to foreign exchange losses in operating units.