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Lakala Payment Co., Ltd.'s (SZSE:300773) Stock Price Dropped 9.3% Last Week; Individual Investors Would Not Be Happy
Lakala payment (300773.SZ) released its performance for the first three quarters, with a net income of 0.513 billion yuan, a year-on-year decrease of 17.49%.
Lakala Payment (300773.SZ) disclosed its third quarter report for 2024. In the first three quarters, the company achieved its main business revenue...
La Cala: Third quarter report 2024
Lakala Payment Co., Ltd.'s (SZSE:300773) 28% Price Boost Is Out Of Tune With Revenues
The second largest fine in the payment industry this year has been issued, with Youzan Payment being heavily fined 27.87 million yuan, while Lakala, Du Xiaoman, and others have been "double punished".
The Beijing branch of the People's Bank of China disclosed five penalty orders for payment institutions on September 10th. Among them, Yoozhang Payment was fined 27.87 million yuan, setting the second largest penalty in the payment industry this year, and both former CEOs were fined, which is rare. Experts in the industry say that regulatory oversight is becoming more detailed, with requirements for complete record-keeping from service agreement formats to transaction information. From the perspective of regulatory trends, the dual penalty system for the payment sector is still in effect.
It Might Not Be A Great Idea To Buy Lakala Payment Co., Ltd. (SZSE:300773) For Its Next Dividend
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