Dalipal Holdings Limited (HK:1921) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into HK:1921 stock, check out TipRanks’ Stock Analysis page.