Reko International (TSE:REKO) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Reko International reports a net loss of $3.5M in the fourth quarter, with a decrease in quarterly sales by 17.9% attributed to challenges in the automotive industry. Despite the downturn, the company maintains a strong balance sheet with a $3.8M improvement in cash position compared to the previous quarter.
For further insights into TSE:REKO stock, check out TipRanks’ Stock Analysis page.