FIH Mobile (HK:2038) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
FIH Mobile has released its unaudited interim financial results for the six months ending June 30, 2024, showing a decrease in revenue and a net loss for the period. The company reported a gross profit of $28.6 million compared to the previous year’s $39.6 million, with an overall loss of $31.6 million, which is an improvement from the $49.8 million loss in the prior year. These figures reflect challenges such as decreased sales, impairment losses, and currency exchange impacts.
For further insights into HK:2038 stock, check out TipRanks’ Stock Analysis page.