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JY Grandmark Holdings Narrows Loss in 2024 H1

JY Grandmark Holdings Narrows Loss in 2024 H1

JY Grandmark Holdings Limited (HK:2231) has released an update.

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JY Grandmark Holdings Limited has released its unaudited financial results for the first half of 2024, revealing a reduction in losses compared to the previous year, with a reported loss of RMB 182.4 million, down from RMB 421.5 million in 2023. Revenue has significantly increased to RMB 2.3 billion, but the company still faced a comprehensive loss of RMB 195.6 million due to various expenses and impairment losses. The loss per share has decreased from RMB 0.23 to RMB 0.16, indicating a slight improvement in the company’s financial performance.

For further insights into HK:2231 stock, check out TipRanks’ Stock Analysis page.

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