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China Tian Yuan Reports Narrowed H1 Losses

China Tian Yuan Reports Narrowed H1 Losses

China Tian Yuan Healthcare Group Limited (HK:0557) has released an update.

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China Tian Yuan Healthcare Group Limited has reported its unaudited consolidated financial results for the first half of 2024, revealing a reduction in losses compared to the previous year. Revenue has decreased from HK$23,768 thousand in 2023 to HK$14,861 thousand in 2024, while the company’s loss for the period improved marginally from HK$10,883 thousand to HK$8,983 thousand. These figures indicate that despite lower revenues, the healthcare group has managed to slightly narrow its operating losses.

For further insights into HK:0557 stock, check out TipRanks’ Stock Analysis page.

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