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Yadea Group Reports Decline in Mid-Year Earnings

Yadea Group Reports Decline in Mid-Year Earnings

Yadea Group Holdings Ltd. (HK:1585) has released an update.

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Yadea Group Holdings Ltd., a company incorporated in the Cayman Islands, reported a downturn in its financial performance for the first half of 2024, with a notable 15.4% drop in revenue and a 12.9% decrease in profit attributable to its shareholders compared to the same period in 2023. Additionally, the basic earnings per share also fell by 13.5%, reflecting a challenging half-year for the company.

For further insights into HK:1585 stock, check out TipRanks’ Stock Analysis page.

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