Tianye Water (00840.HK) announced a pleasing profit, expecting a net profit increase of about 6 million yuan RMB for the six months ending June 30, 2024, representing an increase of about 80% to approximately 14 million yuan RMB compared to the same period in 2023 (7.613 million yuan RMB).

The company explained that the expected increase in net profit is mainly due to the increase in project and product gross profit. (js/w)

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