Golden Heaven Group Holdings Ltd. (GDHG) has released an update.
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Golden Heaven Group Holdings Ltd., a Chinese amusement park operator, saw a significant drop in revenue by 31.09% in the first half of fiscal year 2024 due to the temporary closure of a major park and adverse weather conditions impacting tourist attendance. Despite these challenges, the company experienced a notable increase in rental income from new attractions. Overall, net income fell by 65.69%, reflecting a combination of reduced revenue, increased operating costs, and income tax expenses.
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