Trek 2000 International Ltd (SG:5AB) has released an update.
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Trek 2000 International Ltd has been actively engaging in the renewable energy sector, launching its TRE-Solutions to boost solar farm efficiency and aiding clients with solar energy plant set-up and maintenance. Despite these efforts, the company faces a significant revenue decline in this segment and tough competition from established market leaders, prompting questions about its value proposition and business model. Furthermore, Trek 2000 has reduced its stake in Terrenus Energy, selling half of its investment for a notable profit, yet it still retains a portion of its original investment.
For further insights into SG:5AB stock, check out TipRanks’ Stock Analysis page.