tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reko International Reports First Quarter Profitability

Story Highlights
Reko International Reports First Quarter Profitability

Reko International (TSE:REKO) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Reko International Group Inc. has returned to profitability in the first quarter of fiscal 2025, reporting a net income of $88 and improved earnings per share. Despite a 25.3% decline in sales due to project timing and backlog issues, the company achieved a higher gross profit margin and better cash position.

For further insights into TSE:REKO stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1