Summary by Moomoo AI
Zhi Xin Group Holdings Limited (the 'Company') announced its interim report for the six months ended June 30, 2024. The report shows that the income for the period is approximately RMB 244.1 million, an increase of about 5.7% compared to the same period last year. Gross profit increased by about 38.9% to approximately RMB 45.5 million, but the net profit for the period is approximately RMB 1.2 million, a decrease of about 89.0% compared to the same period last year. The Group's main business is the manufacture and supply of concrete building materials, and the comprehensive utilization of iron ore tailings and the production of eco-friendly bricks in Changjiang, Hainan Province. The report points out that the increase in income is mainly due to the increase...Show More
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