YY Group Holding Limited Class A (YYGH) has released an update.
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YY Group Holding Limited has reported a significant 41% increase in revenue for the first half of 2024 compared to the same period in 2023, driven by growth in both cleaning and manpower outsourcing services. Despite higher revenues, the company experienced a slight dip in gross profit margins due to increased costs. This financial period also marked a notable turnaround with a profit of $601,986 in contrast to the loss reported in the previous year.
For further insights into YYGH stock, check out TipRanks’ Stock Analysis page.
