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Miko International Holdings Reports Increased Revenue but Larger Net Loss for 2024

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Miko International Holdings Reports Increased Revenue but Larger Net Loss for 2024

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Miko International Holdings Ltd. ( (HK:1247) ) has provided an update.

Miko International Holdings Ltd. reported its annual financial results for the year ended December 31, 2024, showing a significant increase in revenue to RMB 389,137,000 from RMB 150,614,000 in 2023. Despite the revenue growth, the company experienced a larger net loss of RMB 28,417,000 compared to the previous year’s loss of RMB 12,716,000, primarily due to increased selling, distribution, and administrative expenses, impacting its overall financial health.

More about Miko International Holdings Ltd.

Miko International Holdings Ltd. is a company incorporated in the Cayman Islands, primarily involved in the production and distribution of products, with its financial activities reported in Renminbi.

YTD Price Performance: -8.24%

Average Trading Volume: 503,835

Technical Sentiment Signal: Hold

Current Market Cap: HK$312.8M

For detailed information about 1247 stock, go to TipRanks’ Stock Analysis page.

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