tiprankstipranks
Ri Ying Holdings Reports Widened H1 2024 Losses
Company Announcements

Ri Ying Holdings Reports Widened H1 2024 Losses

Ri Ying Holdings Ltd. (HK:1741) has released an update.

Ri Ying Holdings Limited reported unaudited interim financial results for the first half of 2024, revealing a revenue decrease to HK$92.1 million from last year’s HK$107.6 million and a widened net loss of HK$16.7 million compared to HK$10.3 million in the previous year. The company experienced a gross profit dip and an increase in comprehensive expenses, affecting both the owners of the company and non-controlling interests.

For further insights into HK:1741 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!