China Yurun Food Group Reports 2024 Financial Results with Notable Revenue Decline

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China Yurun Food Group Reports 2024 Financial Results with Notable Revenue Decline

China Yurun Food Group ( (HK:1068) ) has issued an update.

China Yurun Food Group Limited reported its annual financial results for the year ending December 31, 2024, revealing a decrease in revenue from HK$1,410,943,000 in 2023 to HK$992,369,000 in 2024. Despite a slight increase in gross profit, the company experienced a net loss of HK$36,404,000, attributed to increased administrative expenses and finance costs, impacting its financial stability and market positioning.

More about China Yurun Food Group

China Yurun Food Group Limited operates in the food industry, focusing on the production and distribution of meat and meat products. The company is known for its comprehensive range of pork products and has a significant presence in the Chinese market.

Current Market Cap: $63.86M

For detailed information about 1068 stock, go to TipRanks’ Stock Analysis page.

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