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Plus Group Reports Downturn in 2024 Interim Results

Plus Group Reports Downturn in 2024 Interim Results

Plus Group Holdings Inc (HK:2486) has released an update.

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Plus Group Holdings Inc. has released its unaudited interim financial results for the first half of 2024, revealing a notable decrease in revenue by 18.8% and a swing to a loss of RMB 3,767,000 compared to a profit during the same period last year. Despite the downturn, the company maintains a strong liquidity position, reflected by a solid current ratio of 3.5 times and a status of net cash, with total equity slightly decreasing to RMB 505,692,000.

For further insights into HK:2486 stock, check out TipRanks’ Stock Analysis page.

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