Changyou Alliance Posts Decreased Mid-Year Revenue
Company Announcements

Changyou Alliance Posts Decreased Mid-Year Revenue

Changyou Alliance (HK:1039) has released an update.

Changyou Alliance Group Limited reported a significant decrease in revenue and gross merchandise value for the first half of 2024, with revenue down by 29.3% and gross merchandise value by 8.1%. The company also experienced a reduced gross profit and recorded a loss for the period, although the loss per share has improved from the previous year. No interim dividend will be paid for this period.

For further insights into HK:1039 stock, check out TipRanks’ Stock Analysis page.

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