S&T Holdings Ltd. (HK:3928) has released an update.
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China Next-Gen Commerce and Supply Chain Limited, formerly known as S&T Holdings Ltd., reported a slight decrease in total revenue for the fiscal year ending September 2024, reaching S$55.97 million compared to S$56.05 million the previous year. Despite an increase in gross profit, the company faced a comprehensive loss of S$784,153, an improvement from last year’s loss of over S$1 million. Investors may find interest in the company’s efforts to manage administrative expenses and credit losses amid challenging financial conditions.
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