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CMON Limited Reports 2024 Financial Loss Amid Revenue Decline

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CMON Limited ( (HK:1792) ) has shared an update.

CMON Limited reported its audited consolidated results for the year ending December 31, 2024, showing a decrease in revenue to US$37.35 million from US$45.05 million in 2023. The company experienced a net loss of US$3.05 million, a significant decline from the previous year’s profit of US$755,948, primarily due to reduced sales and increased administrative expenses. This financial downturn may impact the company’s market positioning and stakeholder confidence.

More about CMON Limited

CMON Limited is a company incorporated in the Cayman Islands, operating with limited liability. It is listed on the Hong Kong Stock Exchange under the stock code 1792.

Average Trading Volume: 3,190,000

Technical Sentiment Signal: Buy

Current Market Cap: HK$43.34M

See more data about 1792 stock on TipRanks’ Stock Analysis page.

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