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Global Invacom ( (SG:QS9) ) has shared an announcement.
Global Invacom Group Limited addressed shareholder inquiries regarding its financial performance and management remuneration during the FY2024 Annual General Meeting. Despite recent losses, the company highlighted its efforts in cost reduction and operational restructuring in the USA, expecting these measures to yield positive results in FY2025. The company aims to restore profitability by implementing strategic cost-cutting measures, although potential economic impacts from US tariffs remain a concern.
More about Global Invacom
Global Invacom Group Limited, incorporated in Singapore, operates in the technology sector, focusing on the development and manufacturing of satellite communications equipment. The company serves a global market with a range of products designed to enhance satellite signal reception and distribution.
YTD Price Performance: 30.0%
Average Trading Volume: 763,032
Technical Sentiment Signal: Buy
Current Market Cap: S$7.33M
See more data about QS9 stock on TipRanks’ Stock Analysis page.