tiprankstipranks
Ta Yang Group Reports Reduced Annual Loss
Company Announcements

Ta Yang Group Reports Reduced Annual Loss

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

Don't Miss our Black Friday Offers:

Ta Yang Group Holdings Limited reported a decrease in loss for the year ended December 31, 2023, with a total loss of HK$85,709,000 compared to HK$98,904,000 in the previous year. Revenue surged to HK$1,213,830,000 from HK$343,541,000, while losses per share fell slightly from 7.50 HK cents to 6.74 HK cents. Despite the increased revenue, the company faced substantial administrative and finance costs leading to the overall loss.

For further insights into HK:1991 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