YGM Trading Limited (HK:0375) has released an update.
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YGM Trading Limited reported an improved financial performance for the six months ending September 2024, despite a revenue drop to HKD 88.5 million from HKD 106.6 million the previous year. The company reduced its loss to HKD 2.6 million, a significant improvement from the HKD 7.9 million loss in 2023, thanks to gains in other income and lower distribution costs. This turnaround reflects positively on YGM Trading’s strategic efforts amidst challenging market conditions.
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