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AOM International Reports 2024 Financial Results with Notable Losses

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AOM International Reports 2024 Financial Results with Notable Losses

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The latest update is out from Kiu Hung International Holdings Limited ( (HK:0381) ).

AOM International Group Company Limited announced its audited consolidated results for the year ending December 31, 2024, showing a revenue increase to HK$386,662,000 from HK$383,923,000 in 2023. Despite this revenue growth, the company reported a significant loss of HK$72,825,000 compared to a profit of HK$65,701,000 in the previous year, attributed to increased cost of sales and other financial challenges, impacting shareholder earnings and potentially affecting future financial strategies.

More about Kiu Hung International Holdings Limited

AOM International Group Company Limited, formerly known as Kiu Hung International Holdings Limited, is incorporated in the Cayman Islands and continued in Bermuda with limited liability. The company operates in an industry that involves various business activities, though specific details about its primary products or services are not provided in the release.

YTD Price Performance: -56.79%

Average Trading Volume: 2,257,835

Technical Sentiment Signal: Buy

Current Market Cap: HK$449.9M

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