YNBY International’s Earnings Take a Dip

Ban Loong Holdings Limited (HK:0030) has released an update.

YNBY International Limited reported a significant decrease in profits for the first half of 2024, with earnings falling to HK$1.4 million from HK$18.5 million in the comparable period last year. The results indicate a notable drop in gross profit and an increase in general and administrative expenses. Despite the downturn, the company managed to maintain a modest positive earnings per share.

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