Ta Yang Group Reports Reduced Annual Loss

Ta Yang Group Holdings Limited (HK:1991) has released an update.

Ta Yang Group Holdings Limited reported a decrease in loss for the year ended December 31, 2023, with a total loss of HK$85,709,000 compared to HK$98,904,000 in the previous year. Revenue surged to HK$1,213,830,000 from HK$343,541,000, while losses per share fell slightly from 7.50 HK cents to 6.74 HK cents. Despite the increased revenue, the company faced substantial administrative and finance costs leading to the overall loss.

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