Ri Ying Holdings Reports Widened H1 2024 Losses

Ri Ying Holdings Ltd. (HK:1741) has released an update.

Ri Ying Holdings Limited reported unaudited interim financial results for the first half of 2024, revealing a revenue decrease to HK$92.1 million from last year’s HK$107.6 million and a widened net loss of HK$16.7 million compared to HK$10.3 million in the previous year. The company experienced a gross profit dip and an increase in comprehensive expenses, affecting both the owners of the company and non-controlling interests.

For further insights into HK:1741 stock, check out TipRanks’ Stock Analysis page.

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