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Mighty Kingdom Ltd ( (AU:MKL) ) has provided an announcement.
Mighty Kingdom Limited has completed a management review process, resulting in annual cost reductions of approximately $2.5 million through staffing and expense cuts. These changes have not impacted its ability to fulfill current contracts, particularly with East Side Games Group Inc., and the company is poised to drive revenue while monitoring sustainability and exploring new initiatives.
More about Mighty Kingdom Ltd
Mighty Kingdom Limited operates in the gaming industry and focuses on developing and publishing video games. The company is known for providing entertainment content and has a market focus on partnerships and profit-sharing arrangements to enhance revenue generation.
Average Trading Volume: 2,232,281
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.51M
Find detailed analytics on MKL stock on TipRanks’ Stock Analysis page.