Xin Yuan Enterprise Group (01748) released its interim results for the six months ended June 30, 2024. During this period, the group achieved...
According to the announcement, the increase in net profit was mainly due to the one-time gain of approximately 3.6 million US dollars from the sale of the last Cape-sized vessel in March 2024, as well as an increase in gross profit and a decrease in financing costs.
The surplus profit increased mainly due to the one-time gain of approximately 3.6 million US dollars from the sale of the last Cape-sized vessel in March 2024, as well as an increase in gross profit and a decrease in financing costs.
