K2 F&B Holdings Limited (HK:2108) has released an update.
K2 F&B Holdings Limited reported an interim financial performance for the first half of 2024, with a slight improvement compared to the previous year. Revenues increased from S$26,384,000 in the first half of 2023 to S$28,619,000 in the same period of 2024, yet the company still experienced a loss of S$130,000, down from a loss of S$575,000 in the prior year. The losses are attributed to various operational expenses, despite a reduction in losses per share from 0.07 to 0.01 Singapore cents.
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