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Yield Go Holdings Reports Increased Revenue but No Dividend

Yield Go Holdings Reports Increased Revenue but No Dividend

Yield Go Holdings Ltd. (HK:1796) has released an update.

Yield Go Holdings Ltd. reports a substantial increase in annual revenue, reaching HK$460.3 million for the fiscal year ended March 31, 2024, up from HK$205.9 million the previous year. Despite the revenue growth, the company faced a decrease in gross profit margin to 4.4% and recorded a loss before income tax of HK$4.4 million. In light of these results, the Board has decided not to issue any dividends for the year.

For further insights into HK:1796 stock, check out TipRanks’ Stock Analysis page.

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