Dalipal Holdings Limited (HK:1921) has released an update.
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Dalipal Holdings Limited reported a significant downturn in its financial performance for the first half of 2024, with revenue dropping by 26.2% and the company experiencing a net loss of 69.7 million RMB. The stark contrast to the previous year’s profit of 56.8 million RMB underscores the challenges faced, as gross profit plunged by 56% and the loss per share was recorded at 0.05 RMB. These interim results suggest a tough period for the company with a considerable negative impact on its profitability and market position.
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