CMON Limited Reports Decreased Mid-Year Profits
Company Announcements

CMON Limited Reports Decreased Mid-Year Profits

CMON Limited (HK:1792) has released an update.

CMON Limited has released its interim financial results for the first half of 2024, revealing a decrease in revenue and net profit compared to the same period in 2023. The company reported a gross profit of $8.45 million on revenues of $15.92 million, with the profit after income tax reaching $174,141. This performance marks a noticeable downturn from last year’s figures, reflecting higher costs and a challenging economic environment.

For further insights into HK:1792 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App