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Ta Yang Group Holdings Limited ( (HK:1991) ) has provided an announcement.
Ta Yang Group Holdings Limited reported its audited consolidated results for the year ended December 31, 2024, showing a decrease in revenue from HK$1,213,830,000 in 2023 to HK$970,061,000 in 2024. Despite a rise in gross profit to HK$116,587,000, the company experienced a net loss of HK$53,139,000, which is an improvement from the previous year’s loss of HK$85,709,000. The results indicate ongoing financial challenges, but a reduction in losses suggests potential steps towards recovery.
More about Ta Yang Group Holdings Limited
Ta Yang Group Holdings Limited, incorporated in the Cayman Islands, operates in the manufacturing industry. The company focuses on producing and distributing a range of products, although specific products or market focus are not detailed in the release.
YTD Price Performance: -16.00%
Average Trading Volume: 140,000
Technical Sentiment Signal: Buy
Current Market Cap: HK$110.3M
For a thorough assessment of 1991 stock, go to TipRanks’ Stock Analysis page.