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Is Yunkang Group (HKG:2325) Using Debt Sensibly?
YUNKANG GROUP: 2024 INTERIM REPORT
[Brokerage Focus] Pu Yin International is expected to have a "buy" rating on Yun Kang Group (02325). The expected loss of accounts receivable will continue to affect the company's profitability in the short to medium term.
Jingu Finance News | BOC International has issued a research report pointing out that YunKang Group (02325) saw a decline in revenue in all three core business sectors in the first half of 2024, and recorded a net loss of 0.13 billion yuan during the period, with weak performance. The capacity of the ICL industry's testing production expanded rapidly during the epidemic period, but in the post-epidemic era, with the decline in testing demand, the sufficient capacity has also led to more intense price competition, dragging down the revenue and profit growth of ICL companies. The main reason for the decline in the company's revenue in the first half of 2024 is the slower-than-expected growth of demand for routine testing services and the impact of declining testing prices. In addition, the impairment of accounts receivable continues to affect the company's profitability, and along with the
Yunkang Group Corrects Earnings Currency Unit
YUNKANG GROUP: CLARIFICATION ANNOUNCEMENTINTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2024
Yunkang Group Faces Economic Downturn, Posts Losses
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