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Joyvio Food Reports Revenue Decline Amid Financial Challenges

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Joyvio Food Reports Revenue Decline Amid Financial Challenges

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Legend Holdings Corporation Class H ( (HK:3396) ) just unveiled an update.

Joyvio Food Co., Ltd., a subsidiary of Legend Holdings Corporation, released its annual report for the year ending December 31, 2024, showing a 24.14% decrease in revenue compared to the previous year. Despite a reduction in net loss by 19.72%, the company continues to face financial challenges, reflected in a negative net cash flow from operating activities and a significant decline in net assets attributable to shareholders.

More about Legend Holdings Corporation Class H

Legend Holdings Corporation is a joint stock limited company incorporated in the People’s Republic of China, with a focus on various industries through its subsidiaries. One of its subsidiaries, Joyvio Food Co., Ltd., operates in the food industry and is listed on the ChiNext board of Shenzhen Stock Exchange.

YTD Price Performance: 16.83%

Average Trading Volume: 4,339,916

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$21.91B

For detailed information about 3396 stock, go to TipRanks’ Stock Analysis page.

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