Merchant House International Limited (AU:MHI) has released an update.
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Merchant House International Limited reported a significant 50.92% increase in revenue for the year ended March 31, 2024, alongside a 16.56% reduction in losses from continuing operations. Despite this improvement, the company still experienced a net loss of $7,392,000, though this is a 10.11% decrease from the previous year’s net loss. The report also confirmed that no dividends will be distributed to shareholders.
For further insights into AU:MHI stock, check out TipRanks’ Stock Analysis page.