Yida China Holdings Ltd. ( (HK:3639) ) has issued an announcement.
Yida China Holdings Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024. The company experienced a 28.5% decrease in revenue to RMB2,787.23 million and a 24.2% drop in gross profit to RMB404.91 million compared to 2023. Despite a slight increase in gross profit margin to 14.5%, the net loss widened to RMB2,324.99 million from RMB1,713.82 million in the previous year. The board decided not to declare any final dividend for the year, reflecting the challenging financial situation.
More about Yida China Holdings Ltd.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €29.5M
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