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Veeko International Reports Increased Losses Amid Revenue Decline

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Veeko International Reports Increased Losses Amid Revenue Decline

Elevate Your Investing Strategy:

The latest announcement is out from Veeko International Holdings Limited ( (HK:1173) ).

Veeko International Holdings Limited announced its annual results for the year ending March 31, 2025, reporting a significant decline in revenue from HK$586.7 million in 2024 to HK$481.5 million in 2025. The company experienced a substantial loss before tax of HK$123.993 million, compared to a loss of HK$38.411 million the previous year, primarily due to decreased gross profit and increased finance costs, impacting its financial stability and market position.

More about Veeko International Holdings Limited

Veeko International Holdings Limited, incorporated in the Cayman Islands, operates in the fashion and cosmetics industry, focusing on the production and distribution of apparel and beauty products.

Average Trading Volume: 945,142

Technical Sentiment Signal: Sell

Current Market Cap: HK$60.43M

For detailed information about 1173 stock, go to TipRanks’ Stock Analysis page.

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