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Tomo Holdings Reports Reduced Losses in H1 2024

Tomo Holdings Reports Reduced Losses in H1 2024

Tomo Holdings Limited (HK:6928) has released an update.

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Tomo Holdings Limited has reported a significant decrease in unaudited revenue, dropping 82.5% to S$1,382,000 for the first half of 2024 compared to the same period last year. Despite this decline, the company managed to reduce its losses from S$8,018,000 in the first half of 2023 to S$1,552,000 in the same period of 2024. The loss per share also improved from S$1.78 to S$0.34, indicating a potentially stabilizing financial situation for the company.

For further insights into HK:6928 stock, check out TipRanks’ Stock Analysis page.

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