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An announcement from Nippecraft Limited ( (SG:N32) ) is now available.
Nippecraft Limited’s revenue in the pulp trading segment decreased to US$91.0 million in FY2024, with a marginal segment profit of US$57,000. Despite the low margins, the company emphasizes the segment’s strategic value and has implemented risk mitigation strategies, including thorough management reviews of purchase orders and active credit management to address potential risks such as maritime disruptions and counterparty defaults.
More about Nippecraft Limited
Nippecraft Limited, incorporated in Singapore, operates in the pulp and related trading industry. The company focuses on efficient supply chain operations and maintaining strong supply chain relationships to drive profitability in a low-margin environment.
YTD Price Performance: -10.0%
Average Trading Volume: 93,811
Technical Sentiment Signal: Buy
Current Market Cap: S$12.65M
For a thorough assessment of N32 stock, go to TipRanks’ Stock Analysis page.