China Resources Group 1H24 Rev. Grows 2.2% YoY, Profit Rises 3.3% YoY

　　China Resources Group held its 1H24 working meeting yesterday (29 July).

　　The meeting revealed that in 1H24, the group achieved operating revenue of RMB405.5 billion, elevating 2.2% YoY. Total profit was RMB46.9 billion, rising 3.3% YoY. Both growth rates outperformed the average growth rate of central state-owned enterprises and the asset size grew steadily.

　　Wang Xiangming, Chairman of the Board, said at the meeting that during 1H, the group had focused on stabilising growth, adjusting structure, transforming business practices, improving quality and efficiency, and strengthening party building, with a view to accelerating the group's restructuring and development, and enhancing its core functions and core competitiveness.