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Renaissance United Limited Reports Decline in Turnover and Increased Losses

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Renaissance United Limited Reports Decline in Turnover and Increased Losses

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Renaissance United Limited ( (SG:I11) ) has provided an update.

Renaissance United Limited reported a decrease in turnover for the nine months ending January 2025, with a total of S$56.9 million, down 5.8% from the previous year. The decline was attributed to reduced sales in its electronics and natural gas segments, and no contributions from its real estate investments. The company also recorded a higher loss before income tax compared to the previous year, reflecting challenges in its operational sectors.

More about Renaissance United Limited

Renaissance United Limited, incorporated in Singapore, operates through its subsidiaries in various sectors, including electronics, real estate, and natural gas supply. Its key subsidiaries include ESA Electronics Pte. Ltd., Capri Investments L.L.C., and Excellent Empire Limited, which contribute to its turnover through equipment sales, real estate investments, and natural gas supply in China, respectively.

Current Market Cap: S$6.18M

For detailed information about I11 stock, go to TipRanks’ Stock Analysis page.

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