Yunkang Group Swings to Loss in H1 as Revenue Falls 20%

MT Newswires Live08-29

Yunkang Group (HKG:2325) swung to an attributable loss of 126.1 million yuan in the first half from a profit of 48.7 million yuan in the year-ago period.

The diagnostic testing company posted a loss per share of 0.21 yuan, reversing earnings per share of 0.08 yuan in the previous year.

Revenue declined 20% to 379.9 million yuan from 476.9 million yuan a year earlier, according to a Wednesday filing with the Hong Kong Stock Exchange.

Shares closed 3% higher during Thursday's trading.

Price (HKD): $8.20, Change: $+0.26, Percent Change: +3.27%

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