Star Shine Holdings Forecasts Major Loss Reduction

Deyun Holding Ltd. (HK:1440) has released an update.

Star Shine Holdings Group Limited, formerly known as Deyun Holding Ltd., has reported an estimated 82.1% reduction in net losses for the first half of 2024, dropping to approximately RMB1.0 million. The improvement is largely attributed to a significant increase in revenue, particularly from the footwear business, which is expected to be 5 to 6 times higher than the same period last year. Investors are encouraged to exercise caution and await the publication of the interim results at the end of August 2024 for a more precise financial picture.

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