Yuanda China Holdings Ltd. ( (HK:2789) ) has shared an announcement.
Yuanda China Holdings Ltd. announced its audited annual consolidated results for the year ended December 31, 2024, revealing a significant financial downturn. The company reported a revenue of RMB 2,212.4 million, a decrease from RMB 2,569.5 million in 2023, and a consolidated net loss of RMB 354.0 million compared to a profit of RMB 25.3 million the previous year. The adjusted gross profit margin also fell from 15.4% to 11.5%. This financial performance indicates challenges in the company’s operations and market conditions, impacting its profitability and shareholder returns.
More about Yuanda China Holdings Ltd.
Yuanda China Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the construction industry with a focus on providing facade systems and solutions. The company is listed on the Hong Kong Stock Exchange under the stock code 2789.
Average Trading Volume: 37,000
Technical Sentiment Signal: Sell
Current Market Cap: €75.02M
For a thorough assessment of 2789 stock, go to TipRanks’ Stock Analysis page.