On August 21, Hengdeli (03389.HK) announced that the group's revenue for the six months ended June 30, 2024 was 580,361,000 yuan, a decrease of 14.1% compared to the same period last year. The gross margin is approximately 16.4%, an increase of 1 percentage point from the same period last year.

During the review period, the group recorded a surplus, with a surplus amount of 499,000 yuan, an increase of 105.7% compared to the same period last year; the loss attributable to shareholders was 2,504,000 yuan, an increase of 26.1% compared to the same period last year. The main reason for the increase in losses is the rise in depreciation expenses for properties, factories, and equipment, as well as forex exchange losses due to exchange rate fluctuations.