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MEC Resources Reports Revenue Surge Amid Rising Losses

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MEC Resources Reports Revenue Surge Amid Rising Losses

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The latest update is out from MEC Resources Ltd ( (AU:MMR) ).

MEC Resources Ltd, an investment company, reported a significant increase in revenue by 939% to $27.59 million for the half-year ended December 31, 2024. Despite this revenue growth, the company experienced a 158% increase in net loss, amounting to $385.5 thousand, indicating financial challenges that may impact stakeholders and its market position.

More about MEC Resources Ltd

Current Market Cap: A$6.47M

For detailed information about MMR stock, go to TipRanks’ Stock Analysis page.

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