tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yue Da International Holdings Reports Decline in Interim Revenue but Maintains Profitability

Story Highlights
  • Yue Da International Holdings operates in the factoring business, focusing on traditional and communications sectors.
  • The company reported a revenue decline but maintained profitability for the first half of 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yue Da International Holdings Reports Decline in Interim Revenue but Maintains Profitability

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Yue Da International Holdings Limited ( (HK:0629) ) has issued an update.

Yue Da International Holdings Limited reported its unaudited interim results for the six months ending June 30, 2025. The company experienced a decline in revenue from RMB 38,299,000 in the previous year to RMB 32,256,000, primarily due to decreased income from the communications factoring business. Despite the revenue drop, the company maintained profitability with a profit before tax of RMB 23,921,000, although this was lower than the previous year’s figure. The announcement highlights the company’s resilience in managing costs and maintaining a positive profit margin, despite challenges in the communications factoring sector.

More about Yue Da International Holdings Limited

Yue Da International Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the factoring business. The company operates in the traditional and communications factoring sectors, providing financial services and solutions to its clients.

Average Trading Volume: 128,324

Technical Sentiment Signal: Buy

Current Market Cap: HK$374M

For an in-depth examination of 0629 stock, go to TipRanks’ Overview 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