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YSB Inc. ( (HK:9885) ) has provided an update.
YSB Inc., a company incorporated in the Cayman Islands, has announced updates on its acquisition of the Target Company. The acquisition, which involved the issue of consideration shares under a general mandate, has been completed smoothly with no adverse changes affecting the Target Group’s business. The Target Group has maintained stable partnerships, retained key managers, and integrated its financial management systems with YSB Inc. Additionally, the Target Group’s unaudited financial results for December 2024 have met expectations, indicating a consolidated total revenue of no less than RMB100 million and a net profit of no less than RMB2 million. Shareholders are advised to await the final annual results expected in March 2025.
More about YSB Inc.
YTD Price Performance: -3.37%
Average Trading Volume: 4,007,435
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of 9885 stock, go to TipRanks’ Stock Analysis page.
