tiprankstipranks
Trending News
More News >

Yues International Reports Revenue Surge Amid Continued Losses

Story Highlights
Yues International Reports Revenue Surge Amid Continued Losses

The latest announcement is out from Yues International Holdings Group Limited ( (HK:1529) ).

Yues International Holdings Group Limited reported a significant revenue increase of 91.4% for the year ending December 31, 2024, reaching approximately RMB256.2 million. Despite this growth, the company recorded a loss of approximately RMB30.1 million, attributed to increased subcontracting expenses and impairment losses. The directors have decided not to recommend a final dividend for the year, reflecting the company’s focus on reinvestment and financial stability.

More about Yues International Holdings Group Limited

Yues International Holdings Group Limited operates in the logistics industry, providing transportation, warehousing, and in-plant logistic services. The company focuses on enhancing its service offerings to meet the growing demands of the logistics market.

YTD Price Performance: -10.0%

Average Trading Volume: 195,363

Technical Sentiment Signal: Buy

Current Market Cap: HK$120.1M

For a thorough assessment of 1529 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App