Changchun High-tech Industry (group) Co., Ltd. Class ASZSE: 000661

Changchun High-Tech Industry (Group) Co: Revenue up 7.63% but net profit down 20.40% as real estate surges and biopharma softens

· Issued by Changchun High-tech Industry (group) Co., Ltd. Class A

H1 2024 revenue grew 7.63% to ¥6.64B, but net profit fell 20.40% to ¥1.72B due to higher costs and expenses. Biopharma, vaccines, and TCM segments showed mixed results, while real estate rebounded sharply.

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