Yadong Group Reports Strong Mid-Year Financials

Yadong Group Holdings Limited (HK:1795) has released an update.

Yadong Group Holdings Limited reported a robust financial performance for the first half of 2024, with a revenue increase of 7.0% and a significant 122.5% rise in profits compared to the same period in 2023. The company also saw an improvement in gross profit margin from 10.7% to 11.7%. Despite these strong results, the Board has decided not to pay an interim dividend for this period.

For further insights into HK:1795 stock, check out TipRanks’ Stock Analysis page.