Universal Technologies Posts Marginal Loss Reduction

Universal Technologies Holdings Limited (HK:1026) has released an update.

Universal Technologies Holdings Limited reported a 4% decrease in six-month revenue ending June 2024, down to HK$147.05 million, primarily due to a downturn in their property investment and development business. The company also saw a marginal decrease in net loss to HK$40.6 million, attributed to lower operating and administrative expenses. No interim dividend has been declared for this period, consistent with the previous year.

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