Summi (Group) Holdings Limited (HK:0756) has released an update.
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Summi (Group) Holdings Limited reported a significant revenue increase of 277.4% for the fiscal year ended June 30, 2024, primarily due to a rise in sales of frozen concentrated orange juice and related products to business customers. Despite the revenue growth, the company experienced a decrease in gross profit margin and faced challenges due to the uncertain global economic climate. Additionally, the company’s auditors, SFAI, were unable to issue an audit opinion on the financial statements for the period.
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