China Yurun Food Group (DE:C7Y) has released an update.
China Yurun Food Group Limited reported a narrowed loss in their latest unaudited interim financial results for the first half of 2024, with a loss of HK$13,191,000 compared to HK$39,149,000 in the previous year. Despite a decrease in revenue from HK$769,700,000 to HK$538,975,000, the company saw an improvement in its operating activities with a positive result of HK$11,606,000 after experiencing a loss in the prior year. The reduced loss per share from HK$(0.011) to HK$(0.006) suggests a potential stabilization in the company’s financial performance.
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