Ta Yang Group Faces Challenging Half-Year Results

Ta Yang Group Holdings Limited (HK:1991) has released an update.

Ta Yang Group Holdings Limited reported a loss for the six-month period ending June 30, 2024, with revenue slightly decreasing and costs of sales increasing compared to the previous year. The company experienced a significant drop in gross profit and faced higher finance costs, leading to a loss before tax of HK$30,895,000. Loss per share also increased, reflecting a challenging half-year for the firm.

For further insights into HK:1991 stock, check out TipRanks’ Stock Analysis page.