In today’s briefing:
- STO & Yunda May Report Operating Losses in Q423, Hampering Their Ability to Invest & Grow in ’24
STO & Yunda May Report Operating Losses in Q423, Hampering Their Ability to Invest & Grow in ’24
- Plummeting ASPs likely pushed STO and Yunda OpInc margins below 0% in Q423
- The companies’ operating cash flow may be insufficient to fund needed capex
- Reduced investment could lead to slower growth, consolidation pressure in ’24
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