tiprankstipranks
Raily Aesthetic Medicine Sells Subsidiary Amid Financial Adjustments
Company Announcements

Raily Aesthetic Medicine Sells Subsidiary Amid Financial Adjustments

Raily Aesthetic Medicine International Holdings Limited (HK:2135) has released an update.

Don't Miss our Black Friday Offers:

Raily Aesthetic Medicine International Holdings Limited announced the disposal of its subsidiary, Jiumei Xinhe, resulting in an estimated net loss of RMB740.55. The proceeds from this transaction will be utilized as general working capital for the company. This move reflects the company’s strategic adjustments amidst challenging financial conditions.

For further insights into HK:2135 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App