Vietnam Manufacturing & Export Processing (Holdings) Ltd. (HK:0422) has released an update.
Vietnam Manufacturing & Export Processing (Holdings) Limited reported a challenging first half of 2024, with revenues dropping to $32.8 million from $60.6 million the previous year and swinging to a loss of $2.4 million after taxes, compared to a profit of $3.0 million in 2023. The company also experienced a decrease in gross profit from $8.5 million to $2.8 million and decided not to pay an interim dividend for the period.
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