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Yun Lee Marine Group Sees Sharp Profit Decline

Yun Lee Marine Group Sees Sharp Profit Decline

Yun Lee Marine Group Holdings Limited (HK:2682) has released an update.

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Yun Lee Marine Group Holdings Limited reported a significant 52.5% drop in net profit for the six-month period ending September 2024, with earnings per share also falling to HK1.05 cent. Despite a revenue increase, higher costs and lower other income contributed to the decline in profits. The company has opted not to distribute an interim dividend for this period.

For further insights into HK:2682 stock, check out TipRanks’ Stock Analysis page.

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