Powerwin Tech Group Limited (HK:2405) has released an update.
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Powerwin Tech Group Limited reported a decrease in profit for the six months ended June 30, 2024, compared to the same period in 2023. Revenue dropped from $8.76 million to $7.37 million, with profit for the period significantly lower at $338,000 compared to the previous year’s $2.02 million. The company experienced a reduction in administrative expenses but faced higher finance costs and lower earnings per share.
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