KKO International SA (FR:ALKKO) has released an update.
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KKO International has reported a strong financial performance for the first half of 2024, with revenues reaching €3.65 million, a 57% increase compared to the entire year of 2023. The company achieved a significant turnaround, moving from a net loss in 2023 to a net profit of €1.13 million, driven by their successful shift to an agro-industrial model. Despite ongoing litigation with ALPHA BLUE OCEAN, KKO remains optimistic about the future and forecasts a projected turnover of around €10 million for the year.
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