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An update from Jia Yao Holdings Limited ( (HK:1626) ) is now available.
Jia Yao Holdings Limited reported a decrease in revenue and gross profit for the year ended December 31, 2024. The company’s revenue fell by 1.4% to RMB1,434.9 million, and gross profit dropped by 27.3% to RMB281.9 million compared to the previous year. The gross profit margin also declined to 19.6% from 26.6%. The profit attributable to owners decreased significantly by RMB48.7 million to RMB50.6 million. The board decided not to recommend a final dividend for the year. These results indicate a challenging year for Jia Yao Holdings, impacting its financial performance and potentially affecting stakeholder confidence.
More about Jia Yao Holdings Limited
YTD Price Performance: 9.89%
Average Trading Volume: 1,293,933
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.47B
For an in-depth examination of 1626 stock, go to TipRanks’ Stock Analysis page.
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