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Yuzhou Group’s Performance Dips in H1 2024
Company Announcements

Yuzhou Group’s Performance Dips in H1 2024

Yuzhou Group Holdings Co., Ltd. (HK:1628) has released an update.

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Yuzhou Group Holdings Co., Ltd. has reported a significant decrease in financial performance for the first half of 2024, with contracted sales plummeting by 62.77% and revenue dropping by 48.92% compared to the same period last year. The company also incurred a substantial loss attributable to owners of RMB 6.26 billion, which is slightly lower than the previous year’s loss. No interim dividend will be paid for this period.

For further insights into HK:1628 stock, check out TipRanks’ Stock Analysis page.

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