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Yihai International Holding Ltd. ( (HK:1579) ) has provided an announcement.
Yihai International Holding Ltd. announced its audited consolidated results for the year ended December 31, 2024. The company reported a revenue increase of 6.4% to RMB6,539.6 million, although net profit decreased by 11.9% to RMB799.5 million. The decrease in net profit and total comprehensive income, despite revenue growth, suggests potential challenges in cost management or market conditions impacting profitability. These financial results may influence stakeholders’ perspectives on the company’s operational efficiency and market positioning.
More about Yihai International Holding Ltd.
Yihai International Holding Ltd. is a company incorporated in the Cayman Islands, operating in the food industry. The company focuses on producing and distributing hot pot seasonings, sauces, and other related food products, catering primarily to the Chinese market.
YTD Price Performance: -6.23%
Average Trading Volume: 5,757,865
Technical Sentiment Signal: Sell
Current Market Cap: HK$13.72B
See more data about 1579 stock on TipRanks’ Stock Analysis page.