Serial System Ltd (SG:S69) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Serial Achieva Limited, post its RTO, reported a 19% increase in revenue for FY2023, driven by a surge in laptop distribution. Despite a general downturn in other IT products like LCD monitors and VGA cards due to weak demand and overstocking, the company managed to cut its net loss by 51%. The overall gross profit margin saw a slight dip amid challenging market conditions and competitive pressures.
For further insights into SG:S69 stock, check out TipRanks’ Stock Analysis page.