FIH Mobile (HK:2038) has released an update.
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FIH Mobile has released its unaudited interim financial results for the six months ending June 30, 2024, showing a decrease in revenue and a net loss for the period. The company reported a gross profit of $28.6 million compared to the previous year’s $39.6 million, with an overall loss of $31.6 million, which is an improvement from the $49.8 million loss in the prior year. These figures reflect challenges such as decreased sales, impairment losses, and currency exchange impacts.
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