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MYP Ltd. Grapples with Rising Expenses Despite Revenue Growth
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MYP Ltd. Grapples with Rising Expenses Despite Revenue Growth

MYP Ltd. (SG:F86) has released an update.

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MYP Ltd. addresses investor queries by revealing a 5.2% revenue increase to $17.8 million for FY2024, but expenses surged by 46.5% leading to a net loss of $8.6 million, contrasting the previous year’s $1.8 million profit. The company’s net asset value per share also dipped slightly from 18.1 to 17.5 cents.

For further insights into SG:F86 stock, check out TipRanks’ Stock Analysis page.

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