Youran Dairy reports increased revenue amid leadership changes
** Youran Dairy Group Limited (HKEX:9858) reported a 7.5% increase in revenue for the year ended December 31, 2024, reaching RMB 20.096 billion, according to its latest annual results announcement. This growth was primarily driven by a 17.0% surge in raw milk revenue, spurred by increased production volume stemming from greater milk yield and new dairy farms. However, the company also reported a net loss of RMB 861.487 million, with notable increases in impairment losses on property, plant, equipment, and associates.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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