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Telecom Service One Reports Revenue Decline and Loss

Telecom Service One Reports Revenue Decline and Loss

Telecom Service One Holdings Ltd. (HK:3997) has released an update.

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Telecom Service One Holdings Ltd. reported a decrease in revenue and gross profit for the six months ending September 2024, with revenue dropping from HK$26,998,000 to HK$23,600,000 compared to the same period in 2023. The company experienced a loss before tax of HK$1,775,000, narrowing slightly from the previous year’s loss of HK$2,324,000. Despite other income gains, the overall financial performance reflected a challenging period for the company.

For further insights into HK:3997 stock, check out TipRanks’ Stock Analysis page.

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