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TeleChoice Reports Financial Turnaround Amid SGX Watch-list Status

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TeleChoice Reports Financial Turnaround Amid SGX Watch-list Status

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The latest update is out from Telechoice International Limited ( (SG:T41) ).

TeleChoice International Limited, currently on the SGX watch-list, reported a significant financial turnaround with a 59.8% increase in revenue to S$380.4 million for FY2024, and a profit before tax of S$6.1 million, reversing a previous loss. The company is actively working to meet SGX requirements for removal from the watch-list, indicating ongoing efforts to improve financial stability and shareholder value.

More about Telechoice International Limited

TeleChoice International Limited operates in the telecommunications sector, providing a range of services including fourth-party logistics, which is a significant part of their operations, particularly in serving clients like U Mobile Sdn Bhd.

YTD Price Performance: -6.25%

Average Trading Volume: 165,265

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$34.02M

See more insights into T41 stock on TipRanks’ Stock Analysis page.

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