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BGMC International Faces Revenue Up but Net Loss
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BGMC International Faces Revenue Up but Net Loss

BGMC International Ltd. (HK:1693) has released an update.

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BGMC International Ltd. reported a revenue increase in FY2024 to RM117.1 million, up from RM110.1 million the previous year, but faced a downturn with a gross loss of RM7.3 million compared to a profit in FY2023. The loss per share reached RM0.06, a stark contrast to the RM0.66 earnings per share the year before, indicating a challenging financial year for the company.

For further insights into HK:1693 stock, check out TipRanks’ Stock Analysis page.

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