Yuanda China Holdings Ltd. (HK:2789) has released an update.
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Yuanda China Holdings Ltd. has released their unaudited interim financial results for the first half of 2024, revealing a slight decrease in profit for equity shareholders compared to the previous year, despite an increase in revenue. The company saw its revenue rise to approximately 1.09 billion RMB, but net cash from operating activities turned negative. Moreover, the adjusted gross profit margin improved significantly, indicating a stronger operational performance.
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