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MOG Holdings Limited ( (HK:1942) ) just unveiled an announcement.
MOG Digitech Holdings Limited announced its unaudited interim results for the six months ending June 30, 2025, revealing a decrease in revenue from RMB 613,426,000 in 2024 to RMB 512,168,000 in 2025. Despite the revenue drop, the company managed to increase its gross profit to RMB 91,232,000, driven by reduced cost of sales. However, the net profit for the period fell significantly to RMB 545,000 compared to RMB 3,398,000 in the previous year, influenced by higher administrative expenses and impairment losses. The overall comprehensive income also turned negative, indicating challenges in maintaining profitability amidst fluctuating exchange rates and financial asset valuations.
More about MOG Holdings Limited
MOG Digitech Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the technology sector. The company focuses on digital technology solutions and operates within the broader tech industry.
Average Trading Volume: 15,664,000
Technical Sentiment Signal: Sell
Current Market Cap: HK$665.5M
See more data about 1942 stock on TipRanks’ Stock Analysis page.