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SMIT Holdings Reports Increased Losses for 2024

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SMIT Holdings Reports Increased Losses for 2024

SMIT Holdings ( (HK:2239) ) has shared an announcement.

SMIT Holdings Limited announced its consolidated results for the year ending December 31, 2024, revealing a significant decline in revenue and an increase in net losses compared to the previous year. The company reported a substantial operating loss and a decrease in gross profit, indicating financial challenges that may impact its market positioning and stakeholder confidence.

More about SMIT Holdings

SMIT Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the technology sector. The company and its subsidiaries focus on providing advanced technology solutions, although specific products or services are not detailed in the release.

YTD Price Performance: 23.40%

Average Trading Volume: 33,124

Technical Sentiment Signal: Hold

Current Market Cap: HK$376.9M

See more data about 2239 stock on TipRanks’ Stock Analysis page.

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