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Yoho Group Reports Resilient Profits Amid Revenue Dip

Yoho Group Reports Resilient Profits Amid Revenue Dip

Yoho Group Holdings Ltd. (HK:2347) has released an update.

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Yoho Group Holdings Ltd. reported a slight dip in revenue to HK$387 million for the first half of 2024/25, with a marginal decline in gross merchandise value. Despite the decrease in orders, the company saw an increased basket value per order and achieved a higher gross profit margin of 15.2%. The company announced an interim dividend, showcasing a strong net profit and cash position.

For further insights into HK:2347 stock, check out TipRanks’ Stock Analysis page.

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