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An update from Jiyi Holdings Limited ( (HK:1495) ) is now available.
Jiyi Holdings Limited has reported its consolidated financial results for the year ended December 31, 2024. The company experienced a significant decline in revenue from RMB 629,482,000 in 2023 to RMB 311,017,000 in 2024, resulting in a gross profit of RMB 10,197,000 compared to RMB 617,000 the previous year. The company faced substantial impairment losses and legal expenses, contributing to a loss before tax of RMB 329,551,000, a slight improvement from the previous year’s loss of RMB 488,556,000. The announcement highlights the challenges faced by the company, including impairment losses and legal provisions, which have impacted its financial performance.
More about Jiyi Holdings Limited
Technical Sentiment Signal: Sell
Current Market Cap: HK$25.85M
See more insights into 1495 stock on TipRanks’ Stock Analysis page.