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The latest update is out from Summi (Group) Holdings Limited ( (HK:0756) ).
Summi (Group) Holdings Limited reported a slight decrease in revenue for the six months ended December 31, 2024, with a 5.3% drop compared to the previous year. Despite this, the company maintained stable gross profit margins, increasing slightly to 10.2%. The company faced challenges due to the uncertain global economic outlook but continued to focus on its core FCOJ business, which saw a 5.7% increase in sales. This strategic focus on FCOJ and related products contributed to the company’s operational stability amidst a difficult business environment.
More about Summi (Group) Holdings Limited
Summi (Group) Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the production of frozen concentrated orange juice (FCOJ) and not-from-concentrated orange juice. The company focuses on business-to-business (B2B) sales, targeting juice trading companies.
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €39.62M
For a thorough assessment of 0756 stock, go to TipRanks’ Stock Analysis page.
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