An update from Yue Da International Holdings Limited ( (HK:0629) ) is now available.
Yue Da International Holdings Limited announced its audited consolidated annual results for the year ended December 31, 2024. The company reported a decrease in total revenue from RMB 88,487,000 in 2023 to RMB 63,852,000 in 2024, primarily due to a significant drop in income from the communications factoring business. Despite the revenue decline, the company achieved a slight increase in profit, reporting a total comprehensive income of RMB 16,458,000 compared to RMB 15,192,000 in the previous year, attributed to cost management and a reversal of impairment losses.
More about Yue Da International Holdings Limited
Yue Da International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the factoring business. The company operates in the traditional and communications factoring sectors, providing financial services to its clients.
YTD Price Performance: -30.0%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €26.33M
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