Xinwei Engineering Group (08616) announced the results for the six months ended September 30, 2023. The group achieved profit...
According to the Zhitong Finance App, Xinwei Engineering Group (08616) announced its results for the six months ended September 30, 2023. The group achieved profit of HK$87.133 million, a year-on-year decrease of 16.75%; a loss of HK$312,000 during the period compared to HK$2,325,000 in the same period last year; and a loss of HK$0.03 per share.
According to the announcement, the decline in revenue was mainly due to a decrease in revenue generated from the provision of building protection projects and the supply of building protection products.