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JUJIANG CONS: 2024 Interim Report
Jujiang Construction Group Records Lower Profit in H1
Performance: jujiang cons (01459.HK) had a net profit of 14.83 million RMB in the first half of the year, which declined by 52.3%.
Jujiang cons (01459.HK) announced its mid-year performance for June, with revenue of 3.834 billion yuan (same below), a year-on-year decrease of 8%; gross profit of 0.156 billion yuan, a decrease of 3.1%. Record a net profit of 14.83 million yuan, a decline of 52.3%, with earnings per share of 3 cents. No interim dividend will be paid.
In the first half of the year, Jujiang Cons' net income was 16.8 million yuan, a 46.1% year-on-year decline.
On August 16th, Gelonghui reported that Jujiang Cons (01459.HK), in the first half of 2024, faced challenges and opportunities in the industry. The group once again broke through difficulties and achieved stable operating performance, maintaining healthy development. As of June 30, 2024, the group's revenue and net income were approximately RMB 3.83 billion and approximately RMB 16.8 million, respectively, a decrease of approximately 8.0% and 46.1% compared to the same period last year. Basic and diluted earnings per share were RMB 0.03. The board of directors does not recommend the distribution of interim dividends for the six months ending June 30, 2024.
JUJIANG CONS: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Jujiang Construction Expects Up to 60% Profit Drop in H1, Shares Down 6%
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