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Yonghe Medical’s Revenue and Profit Rise Amidst Losses

Yonghe Medical’s Revenue and Profit Rise Amidst Losses

Yonghe Medical Group Co., Ltd. (HK:2279) has released an update.

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Yonghe Medical Group Co., Ltd. reports a revenue increase of 8.7% and a gross profit increase of 13.2% for the first half of 2024, alongside a significant reduction in net loss by 38.7%. Despite these improvements, the company experienced a basic loss per share of RMB 0.28 and has decided not to declare an interim dividend for the period.

For further insights into HK:2279 stock, check out TipRanks’ Stock Analysis page.

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