tiprankstipranks
Company Announcements

Ryde Group’s Mid-Year Financial Shift in 2024

Ryde Group Limited Class A (RYDE) has released an update.

Pick the best stocks and maximize your portfolio:

Ryde Group Limited Class A reported a decline in revenue for the first half of 2024, dropping from S$5,232,000 to S$4,376,000 compared to the same period in 2023. Despite the decrease in revenue, the company made significant strides in reducing liabilities and increasing shareholders’ equity. Financial market observers might find interest in Ryde Group’s evolving financial landscape as it navigates through these changes.

For further insights into RYDE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyRyde Group expands deal with Singlife on work injury compensation protection
TipRanks Auto-Generated NewsdeskRyde Group Ltd Welcomes New Leadership on Board
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