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The latest announcement is out from Millennium Group International Holdings Limited ( (MGIH) ).
On June 23, 2025, Millennium Group International Holdings Limited announced its unaudited financial results for the first half of fiscal 2024, revealing a significant 40.6% decrease in revenues to $14.1 million compared to the same period in 2023. The company reported a net loss of $3.1 million, up from a $0.9 million loss in the previous year, attributed to macroeconomic pressures and decreased sales volume. Despite these challenges, the company is progressing with its strategic expansion into Vietnam and Indonesia, aiming to enhance operational efficiency and access new markets, while implementing initiatives to optimize costs and diversify its customer base.
More about Millennium Group International Holdings Limited
Millennium Group International Holdings Limited is a long-established supplier of paper-based packaging solutions, headquartered in Hong Kong with operations primarily in the People’s Republic of China and Vietnam.
Average Trading Volume: 19,714
Technical Sentiment Signal: Hold
For detailed information about MGIH stock, go to TipRanks’ Stock Analysis page.