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An announcement from Macau E&M Holding Limited ( (HK:1408) ) is now available.
Macau E&M Holding Limited announced its audited consolidated results for the year ended December 31, 2024, showing a decrease in revenue to MOP 92,052 thousand from MOP 128,283 thousand in 2023. Despite a reduction in losses from the previous year, the company reported a loss of MOP 2,490 thousand for 2024. The financial results indicate challenges in maintaining revenue levels, although the company improved its current ratio significantly from 5.3 to 8.5, suggesting better liquidity management.
More about Macau E&M Holding Limited
Macau E&M Holding Limited is a company incorporated in the Cayman Islands with limited liability, operating in the engineering and construction industry. It focuses on providing electrical and mechanical engineering services, primarily in the Macau region.
YTD Price Performance: 11.33%
Average Trading Volume: 272,555
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$86.5M
Learn more about 1408 stock on TipRanks’ Stock Analysis page.