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Synagistics Limited Reports 2024 Annual Results and Strategic Shift

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Synagistics Limited Reports 2024 Annual Results and Strategic Shift

Elevate Your Investing Strategy:

HK Acquisition Corp. ( (HK:2562) ) just unveiled an announcement.

Synagistics Limited announced its consolidated annual results for 2024, highlighting a successful listing on the Hong Kong Stock Exchange and a strategic shift from D2C to higher-margin D2B business. The company significantly reduced its adjusted EBITDA loss by 42% and improved its cash conversion cycle, aligning with its strategy to enhance its technology-driven D2B digital solutions model. Looking forward, Synagistics aims to expand its market presence, particularly in the Greater China region, and strengthen its position in the global AI ecosystem with the launch of Geene AI.

More about HK Acquisition Corp.

Synagistics Limited is a company focused on digital solutions, offering a diverse suite of services through its Synagie Platform technology. The company operates primarily in the D2B segment, providing innovative digital solutions and artificial intelligence transformation, with a market focus on expanding across the Greater China region.

YTD Price Performance: -27.84%

Average Trading Volume: 1,401,253

Technical Sentiment Signal: Sell

Current Market Cap: HK$18.77B

Learn more about 2562 stock on TipRanks’ Stock Analysis page.

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