tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Maiyue Tech Reports Revenue Growth Amidst Losses

Maiyue Tech Reports Revenue Growth Amidst Losses

Maiyue Technology Limited (HK:2501) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Maiyue Technology Limited has reported a 12.2% rise in unaudited revenue reaching RMB22.0 million for the first half of 2024, alongside a significant 124.7% increase in gross profit to RMB7.8 million, despite a 41.1% larger loss of RMB15.0 million compared to the same period last year. The company has not declared an interim dividend, mirroring its decision from the previous year.

For further insights into HK:2501 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1