YNBY International’s Earnings Take a Dip
Company Announcements

YNBY International’s Earnings Take a Dip

Ban Loong Holdings Limited (HK:0030) has released an update.

YNBY International Limited reported a significant decrease in profits for the first half of 2024, with earnings falling to HK$1.4 million from HK$18.5 million in the comparable period last year. The results indicate a notable drop in gross profit and an increase in general and administrative expenses. Despite the downturn, the company managed to maintain a modest positive earnings per share.

For further insights into HK:0030 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskBan Loong Holdings Seeks Investors Amid Bond Conversion
TipRanks HongKong Auto-Generated NewsdeskYNBY International Forecasts Sharp Profit Decline
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App