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MOG Digitech Holdings Reports Increased Losses for 2024

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MOG Digitech Holdings Reports Increased Losses for 2024

MOG Holdings Limited ( (HK:1942) ) has provided an update.

MOG Digitech Holdings Limited reported its financial results for the year ended December 31, 2024, showing a decrease in revenue and gross profit compared to the previous year. The company faced significant impairments on intangible assets and goodwill, leading to a substantial loss before tax and a comprehensive loss for the year, impacting its financial standing and stakeholder interests.

More about MOG Holdings Limited

MOG Digitech Holdings Limited, incorporated in the Cayman Islands, operates in the technology sector, focusing on digital solutions and services.

YTD Price Performance: -63.68%

Average Trading Volume: 46,683,421

Technical Sentiment Signal: Buy

Current Market Cap: HK$440.3M

See more insights into 1942 stock on TipRanks’ Stock Analysis page.

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