Solomon Systech Reports Dip in Mid-Year Profits

Solomon Systech (International) Ltd. (HK:2878) has released an update.

Solomon Systech (International) Limited has reported a significant drop in revenue and profit for the first half of 2024, with revenue falling by 27.4% to US$61.9 million, and profits down to US$7.5 million from US$13.2 million in the previous year. The company’s earnings per share also decreased to 0.30 US cent, signaling a challenging period for the tech firm.

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