The stock price decline is attributed to the lack of profits...
The stock price decline is attributed to the lack of profits and revenue growth. Investors may be anticipating future growth or cost cutting, but the company's disappointing performance over the past five years, with a total loss of 3% per year, dampens expectations.
Further Weakness as Yangmei ChemicalLtd (SHSE:600691) Drops 18% This Week, Taking One-year Losses to 34%
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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