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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.

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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.

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