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Mexan Limited Reports Revenue Decline and Increased Losses

Mexan Limited Reports Revenue Decline and Increased Losses

Mexan (HK:0022) has released an update.

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Mexan Limited reported a 31% decline in revenue for the first half of 2024 compared to the previous year, with losses before income tax increasing by 24%. The company attributed a minor increase in losses to higher administrative expenses and finance costs, leading to a decision not to pay an interim dividend.

For further insights into HK:0022 stock, check out TipRanks’ Stock Analysis page.

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