SOS Limited Reports Asset Growth Amid Losses
Company Announcements

SOS Limited Reports Asset Growth Amid Losses

SOS (SOS) has released an update.

SOS Limited’s interim financial statements reveal an increase in total assets from $483,892 thousand to $524,985 thousand over six months, though the company experienced net losses of $12,194 thousand and $12,750 thousand in consecutive half-year periods. These losses were offset by other comprehensive income, primarily from foreign currency translation adjustments, softening the total comprehensive loss impact.

For further insights into SOS stock, check out TipRanks’ Stock Analysis page.

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