Mexan (HK:0022) has released an update.
Mexan Limited has reported a significant increase in revenue by 40% and gross profit by 56% for the financial year ending 31 March 2024, although the company still recorded a net loss. The loss before income tax improved by 37%, with a 15% reduction in loss attributable to the company’s owners compared to the previous year. These results suggest a mixed financial performance, with notable revenue growth alongside persistent challenges in achieving profitability.
For further insights into HK:0022 stock, check out TipRanks’ Stock Analysis page.
