tiprankstipranks
BGMC International Faces Revenue Up but Net Loss
Company Announcements

BGMC International Faces Revenue Up but Net Loss

BGMC International Ltd. (HK:1693) has released an update.

Don't Miss Our Christmas Offers:

BGMC International Ltd. reported a revenue increase in FY2024 to RM117.1 million, up from RM110.1 million the previous year, but faced a downturn with a gross loss of RM7.3 million compared to a profit in FY2023. The loss per share reached RM0.06, a stark contrast to the RM0.66 earnings per share the year before, indicating a challenging financial year for the company.

For further insights into HK:1693 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App