China Chengtong Development Group (00217.HK) announced on August 26th that for the six months ended June 30, 2024, the company's revenue decreased by 13% to approximately HKD 0.32347 billion, due to the severe external economic environment, which is not conducive to the rapid expansion of the group's leasing business. During the review period, although the group's leasing receivables decreased by approximately HKD 19.16 million or 14% due to the completion of some leasing projects, the overall gross margin remained at approximately 37%. During the review period, both the pre-tax and after-tax profits decreased, reaching approximately HKD 52.16 million and approximately HKD 26.86 million respectively.
中国诚通发展集团(00217.HK)中期营业额减少13%至约3.23亿港元
China Chengtong Development Group (00217.HK) reported a 13% decrease in half-year revenue to approximately HKD 0.323 billion.
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