Fangdd Network Group: Financial Position Shifts

Fangdd Network Group (DUO) has released an update.

Fangdd Network Group Ltd. has released its unaudited interim condensed consolidated financial statements, showing a decrease in total assets from RMB 769,901 as of December 31, 2023, to RMB 673,953 by June 30, 2024. The company’s total liabilities also decreased from RMB 578,404 to RMB 462,557 over the same period. Key financial assets such as cash and cash equivalents, restricted cash, and accounts receivable experienced changes, reflecting the company’s evolving financial position.

For further insights into DUO stock, check out TipRanks’ Stock Analysis page.