Ryde Group Limited Class A (RYDE) has released an update.
Ryde Group Limited Class A reported a decline in revenue for the first half of 2024, dropping from S$5,232,000 to S$4,376,000 compared to the same period in 2023. Despite the decrease in revenue, the company made significant strides in reducing liabilities and increasing shareholders’ equity. Financial market observers might find interest in Ryde Group’s evolving financial landscape as it navigates through these changes.
For further insights into RYDE stock, check out TipRanks’ Stock Analysis page.