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Miricor Enterprises Reports Narrowed Loss Amid Revenue Drop

Miricor Enterprises Reports Narrowed Loss Amid Revenue Drop

Miricor Enterprises Holdings Ltd (HK:1827) has released an update.

Miricor Enterprises Holdings Ltd reported a 15.6% decline in revenue to HK$200.1 million for the first half of 2024 compared to the same period last year. Despite the drop in revenue, the company’s loss significantly narrowed to HK$0.6 million, down from HK$13.1 million, as it managed to cut various costs. The board has decided not to declare an interim dividend for this period.

For further insights into HK:1827 stock, check out TipRanks’ Stock Analysis page.

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