China Dynamics Announces 2020 Interim Results

China Dynamics Announces 2020 Interim Results

China Dynamics Announces 2020 Interim Results – Revenue Surges Seven-fold to HK$21.5 million (Hong Kong, November 30, 2020) – China Dynamics (Holdings) Limited (the “Company”; (Stock Code: 476), together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, recorded a revenue of approximately HK$21.5 million for the six months ended September 30, 2020, or a surge of nearly 700% year-on-year. Thanks to its international sales efforts and cost optimization plan, the Group’s gross profit for the period amounted to approximately HK$7.0 million (September 30, 2019: HK$0.1 million) with gross profit margin of 32.5% (September 30, 2019: 3.3%). Looking ahead, the […]