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TATA Health International Holdings Ltd. ( (HK:1255) ) just unveiled an update.
TATA Health International Holdings Limited, a company incorporated in the Cayman Islands, announced its interim financial results for the six months ending June 30, 2024. The company reported a decrease in revenue from HK$104,131,000 in 2023 to HK$72,309,000 in 2024, and a reduction in gross profit from HK$85,233,000 to HK$55,397,000. Despite a smaller loss before taxation compared to the previous year, the company still faced a loss of HK$5,130,000. The gross profit margin decreased from 81.9% to 76.6%, indicating challenges in maintaining profitability. The announcement reflects ongoing financial challenges for TATA Health International, impacting its market position and stakeholder confidence.
More about TATA Health International Holdings Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: HK$72.85M
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