EuroSports Global Ltd. (SG:5G1) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
EuroSports Global Limited, a key player in the luxury automotive market, is the sole authorized dealer for Lamborghini in Singapore and Indonesia and the exclusive distributor for Touring Superleggera in multiple Southeast Asian countries. The company, which also owns the electric motorcycle brand Scorpio Electric, is navigating the sustainable mobility sector. Despite a challenging financial year with a notable revenue drop to S$25.1 million and a net loss of S$8.5 million, Lamborghini sales continue to comprise a majority of the firm’s revenue.
For further insights into SG:5G1 stock, check out TipRanks’ Stock Analysis page.