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CEC International Reports Loss Amid Revenue Decline

CEC International Reports Loss Amid Revenue Decline

CEC International Holdings Limited (HK:0759) has released an update.

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CEC International Holdings Limited reported a challenging first half of 2024, with a loss of HK$28.6 million, compared to a slight profit in 2023, despite efforts to manage costs amid declining revenue. The company’s revenue fell to HK$702.4 million, reflecting a challenging market environment. Investors are closely watching how CEC International plans to navigate these financial hurdles moving forward.

For further insights into HK:0759 stock, check out TipRanks’ Stock Analysis page.

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