Shenghui Cleaning Group Holdings Limited announced its unaudited interim results for the six months ended June 30, 2024. The report shows that the company's revenue reached RMB 325,779,000, an increase compared to RMB 298,251,000 in the same period of 2023. However, the company's gross profit for the same period decreased from RMB 47,177,000 to RMB 32,038,000, and the gross margin also decreased from 15.8% to 9.8%, mainly due to increased employee benefits. The company's net profit was RMB 10,155,000, lower than RMB 15,308,000 in the previous year. Basic and diluted earnings per share were 0.62 RMB, compared to 1.22 RMB in the same period last year. The total assets of the company amounted to RMB 452,582,000, an increase from RMB 440,353,000 in the previous year. Shenghui Cleaning mainly provides cleaning and maintenance...Show More

Shenghui Cleaning Group Holdings Limited announced its unaudited interim results for the six months ended June 30, 2024. The report shows that the company's revenue reached RMB 325,779,000, an increase compared to RMB 298,251,000 in the same period of 2023. However, the company's gross profit for the same period decreased from RMB 47,177,000 to RMB 32,038,000, and the gross margin also decreased from 15.8% to 9.8%, mainly due to increased employee benefits. The company's net profit was RMB 10,155,000, lower than RMB 15,308,000 in the previous year. Basic and diluted earnings per share were 0.62 RMB, compared to 1.22 RMB in the same period last year. The total assets of the company amounted to RMB 452,582,000, an increase from RMB 440,353,000 in the previous year. Shenghui Cleaning mainly provides cleaning and maintenance services in China. The company's shares were listed on the Main Board of the Hong Kong Stock Exchange on December 5, 2023. The company's outlook section indicates that it plans to expand its business and increase its customer base by leveraging its rich experience in cleaning and maintenance services, through acquisitions or investments in clean and repair service providers in the Greater Bay Area.