Tongda Group Holdings (HK:0698) has released an update.
Tongda Group Holdings’ subsidiary, Tongda Smart Tech, reported a 23.7% increase in revenue for the nine months ending September 2024, reaching RMB 715 million. Despite a modest 1.7% rise in profit before tax, net profit attributable to equity owners saw a 3.6% increase. The company’s financial results, prepared under PRC accounting standards, highlight its growth trajectory in the tech sector.
For further insights into HK:0698 stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
