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YTO International Express and Supply Chain Technology Limited ( (HK:6123) ) just unveiled an announcement.
YTO International Express and Supply Chain Technology Limited reported its financial results for the year ended December 31, 2024, showing a slight revenue increase of 0.6% to HK$5,322.5 million compared to the previous year. Despite the revenue growth, the company experienced a significant decline in its air freight segment results by 62.8%, while its ocean freight segment saw a 61.3% increase. The company recorded a loss attributable to equity shareholders of HK$40.8 million, a stark contrast to the HK$96.8 million profit in 2023. Consequently, the board decided not to declare a final dividend for 2024, reflecting the challenging financial performance.
More about YTO International Express and Supply Chain Technology Limited
YTO International Express and Supply Chain Technology Limited is a company incorporated in the Cayman Islands, focusing on express delivery and supply chain technology services. It operates primarily in the logistics industry, offering air and ocean freight services.
YTD Price Performance: -0.87%
Average Trading Volume: 182,593
Technical Sentiment Signal: Buy
Current Market Cap: HK$476.5M
For an in-depth examination of 6123 stock, go to TipRanks’ Stock Analysis page.