tiprankstipranks
Trending News
More News >

REM Group Faces Loss in 2024 Interim Results

REM Group Faces Loss in 2024 Interim Results

REM Group (Holdings) Ltd. (HK:1750) has released an update.

Confident Investing Starts Here:

REM Group (Holdings) Ltd. reported unaudited interim results for the first half of 2024, revealing a downturn with a loss of HK$2,956,000 compared to a profit of HK$537,000 in the same period last year. Revenue declined to HK$60,210,000 from HK$85,753,000, while gross profit also fell. This financial snapshot highlights challenges for the company amid a difficult economic period.

For further insights into HK:1750 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report 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