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Ye Xing Group Holdings Reports Revenue Growth Amidst Increased Losses in 2024

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Ye Xing Group Holdings Reports Revenue Growth Amidst Increased Losses in 2024

The latest announcement is out from Ye Xing Group Holdings Limited ( (HK:1941) ).

Ye Xing Group Holdings Limited reported a total revenue of approximately RMB377.3 million for the year ended 31 December 2024, marking a 10.5% increase from the previous year. Despite the revenue growth, the company faced a comprehensive loss of approximately RMB21.6 million, attributed to increased impairment losses and administrative expenses, impacting its financial performance.

More about Ye Xing Group Holdings Limited

Ye Xing Group Holdings Limited operates in the property management industry, offering property management services, property developer related services, and value-added services. The company focuses on managing residential and commercial properties, with a significant portion of its revenue derived from property management services.

Average Trading Volume: 150,055

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$68.9M

Learn more about 1941 stock on TipRanks’ Stock Analysis page.

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