Intraco Ltd. (SG:I06) has released an update.
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Intraco Limited has announced a slight decrease in net profits for the first half of 2024, recording S$0.3 million compared to S$0.4 million in the previous year. Despite this, the company has shown an increase in net assets and cash equivalents, indicating a healthy balance sheet and a solid net cash position. The company has been working towards meeting the Financial Exit Criteria after being placed on the SGX-ST watch-list in June 2023.
For further insights into SG:I06 stock, check out TipRanks’ Stock Analysis page.
