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Aumake Limited Projects Over 50% Increase in Annual Sales Amid Strategic Restructuring

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Aumake Limited Projects Over 50% Increase in Annual Sales Amid Strategic Restructuring

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The latest announcement is out from AuMake Ltd. ( (AU:AUK) ).

Aumake Limited has announced a significant increase in its full-year sales, expecting a rise of over 50% to surpass $39 million AUD, compared to $25.87 million in the previous fiscal year. This growth is attributed to improved China-Australia trade relations, positioning Aumake as a key player in the market. The company is restructuring into two business units to streamline operations and enhance profitability, focusing on expanding its distribution capabilities in China and the USA through strategic partnerships and new sales channels.

More about AuMake Ltd.

Aumake Limited (ASX: AUK) is a company with strong brand acceleration and sales capabilities, positioning itself as a pioneer in delivering high-quality brands and products from Australia and New Zealand to the Asia market.

Current Market Cap: A$7.56M

See more data about AUK stock on TipRanks’ Stock Analysis page.

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