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An announcement from Linkage Global Inc ( (LGCB) ) is now available.
Linkage Global Inc announced its financial results for the fiscal year ending September 30, 2024, revealing a 19.19% decrease in total revenues to USD10.29 million, mainly due to a significant drop in cross-border sales caused by the depreciation of the Japanese yen. Despite the revenue drop, the company managed to increase its gross profit by 123.91% to USD4.17 million, driven by a successful launch of fully managed e-commerce operation services. Additionally, the company reported a decreased net loss of USD0.44 million, indicating improved operational efficiency amidst challenging market conditions.
More about Linkage Global Inc
Linkage Global Inc is a cross-border e-commerce integrated services provider headquartered in Japan. It operates through subsidiaries in Japan, Hong Kong, and mainland China, offering a comprehensive service system for e-commerce operations.
YTD Price Performance: -29.51%
Average Trading Volume: 809,614
Technical Sentiment Consensus Rating: Buy
For a thorough assessment of LGCB stock, go to TipRanks’ Stock Analysis page.
