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Yida China Holdings Reports Increased Losses and Revenue Decline in 2023

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Yida China Holdings Reports Increased Losses and Revenue Decline in 2023

Yida China Holdings Ltd. ( (HK:3639) ) just unveiled an update.

Yida China Holdings Limited reported a significant decline in its financial performance for the year ended December 31, 2023. The company’s revenue decreased by 14% to RMB3,897.15 million, and its gross profit fell by 49.6% to RMB534.44 million. The net loss for the year increased to RMB1,713.82 million from RMB736.49 million in 2022. The board has decided not to declare any final dividend payment for the year.

More about Yida China Holdings Ltd.

Technical Sentiment Signal: Strong Buy

Current Market Cap: €29.5M

See more data about 3639 stock on TipRanks’ Stock Analysis page.

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