Quarterly ResultSep 25, 2026, 06:12 AM
YY Group Holding Ltd. Revenue Up 27%, Net Loss Narrows
AI Summary
YY Group Holding Ltd. (YYGH) reported its unaudited condensed consolidated financial statements for the six months ended June 30, 2026. Revenue increased to $32,659,236 from $25,754,473 in the prior year period. However, gross profit decreased to $3,299,847 from $4,268,135. The company reported an operating loss of $5,207,263 and a net loss of $7,062,813, which is an improvement from the previous year's net loss of $8,195,986. Basic loss per share improved to $(13.62) from $(311.00). Total assets grew to $38,021,116, while total liabilities decreased significantly to $12,658,208, leading to a substantial increase in total equity to $25,362,908.
Key Highlights
- Revenue for the six months ended June 30, 2026, was $32,659,236, an increase from $25,754,473 in the prior year period.
- Gross profit decreased to $3,299,847 for the six months ended June 30, 2026, from $4,268,135 for the same period in 2025.
- Operating loss for the six months ended June 30, 2026, was $5,207,263, compared to an operating loss of $7,681,603 in the prior year period.
- Net loss for the six months ended June 30, 2026, was $7,062,813, an improvement from a net loss of $8,195,986 in the prior year period.
- Basic loss per share for the six months ended June 30, 2026, was $(13.62), an improvement from $(311.00) in the prior year period.
- Total assets increased to $38,021,116 as of June 30, 2026, from $34,341,601 as of December 31, 2025.
- Total liabilities decreased to $12,658,208 as of June 30, 2026, from $20,731,883 as of December 31, 2025.
- Total equity increased to $25,362,908 as of June 30, 2026, from $13,609,718 as of December 31, 2025.
Price Impact
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