Radiance Holdings (Group) Company Limited (HK:9993) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Radiance Holdings (Group) Company Limited has released its unaudited interim financial results for the first half of 2024, revealing a significant shift from a profit of RMB 737,253 in 2023 to a loss of RMB 1,927,039. Despite a decrease in revenue from RMB 18,348,658 to RMB 16,382,985, the company experienced higher costs across various sectors, including joint ventures and associates, leading to the overall loss. This performance marks a challenging period for the company, contrasting sharply with the previous year’s profitable outcome.
For further insights into HK:9993 stock, check out TipRanks’ Stock Analysis page.