Mobilityone (GB:MBO) has released an update.
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MobilityOne Limited reports a 9.1% revenue decline to £110.5 million and a loss after tax of £1.68 million for the first half of 2024, amidst a cautious market outlook due to rising costs and inflation. The company remains focused on its core business in Malaysia, while also expanding through a joint venture with Super Apps Holdings and the acquisition of a 49% stake in healthcare IT firm Sincere Acres Sdn Bhd. Despite setbacks, MobilityOne continues to invest in R&D and strategic partnerships to secure future growth.
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