RUISEN LIFE SER (01922) announced its interim results for the six months ended June 30, 2024. The group recorded revenue of RMB958 million, a year-on-year increase of 1.17%. However, it reported a net loss attributable to shareholders of RMB15.39 million, compared to a profit of RMB44.15 million in the same period last year. Basic loss per share stood at RMB0.0576.
The company attributed the revenue growth primarily to an increase in the number of residential and non-residential projects undertaken, which drove higher income from value-added services.
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