Ruisen Life Service Co. Ltd. reports RMB 957.8 million revenue for first half of 2024

Reuters11-23
Ruisen Life Service Co. Ltd. reports RMB 957.8 million revenue for first half of 2024

Ruisen Life Service Co. Ltd. reported revenue of RMB 957.8 million for the six months ended 30 June 2024, up from RMB 946.7 million in the same period of 2023. Gross profit for the period was RMB 140.2 million, compared to RMB 157.4 million in the previous year. Other income and gains were RMB 7.5 million, down from RMB 11.2 million. Selling and distribution expenses decreased to RMB 1.7 million from RMB 2.5 million, while administrative expenses increased to RMB 67.8 million from RMB 56.9 million. Net assets stood at RMB 222.7 million as of 30 June 2024, compared to RMB 266.0 million as of 30 June 2023. During the period, the company changed its English name from Yincheng Life Service Co., Ltd. to Ruisen Life Service Co, Limited, effective 10 July 2024. The company's main business remains the provision of property management services and value-added services. Trading in the shares of the company has been suspended since 28 August 2024 and will remain suspended until further notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ruisen Life Service Co. Ltd. published the original content used to generate this news brief via via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251123-11925363), on November 23, 2025, and is solely responsible for the information contained therein.
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