Renhe Technology (08140) announced the first quarter results for the three months ended September 30, 2023. The group period...
According to the Zhitong Finance App, Renhe Technology (08140) announced the first quarter results for the three months ended September 30, 2023. The group obtained revenue of HK$24.989 million during the period, a year-on-year decrease of 8.04%; profit attributable to shareholders of HK$7.231,000, an increase of 9.89% over the previous year; and basic profit per share of HK0.9 cents.
According to the announcement, the decline in earnings was mainly due to a decrease in connector sales to new projects and customers.