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Yoho Group Holdings Ltd. ( (HK:2347) ) has provided an announcement.
Yoho Group Holdings Limited reported a decrease in gross merchandise value and revenue for the fiscal year ending March 31, 2025, with GMV dropping by 8.4% and revenue by 10.4% compared to the previous year. Despite these declines, the company achieved a higher gross profit margin of 15.7% and maintained a strong net cash position of HK$191.5 million. The number of registered members increased, although the number of orders intake decreased. The board proposed a reduced final dividend of HK$0.015 per share, reflecting the financial performance adjustments.
More about Yoho Group Holdings Ltd.
Yoho Group Holdings Limited is a company incorporated in the Cayman Islands, operating primarily in the e-commerce sector. It offers a platform for online shopping and retail services, focusing on increasing its registered member base and enhancing customer engagement through its digital and physical retail presence.
Average Trading Volume: 221,678
Technical Sentiment Signal: Buy
Learn more about 2347 stock on TipRanks’ Stock Analysis page.