mTouche Technology Berhad Reports Losses for Full Year 2024

December 2, 2024 - 12:31

mTouche Technology Berhad has announced its financial results for the full year 2024, revealing a loss per share of RM0.016. This marks an improvement compared to the RM0.07 loss per share recorded in the previous fiscal year, FY 2023.

The company's revenue for the year reached RM15.2 million, reflecting a 5.1% increase from the previous year. Despite this growth in revenue, the company continues to face challenges that have impacted its profitability. The management remains focused on strategies to enhance operational efficiency and drive future revenue growth.

In light of these results, mTouche is evaluating its business model and exploring new opportunities to strengthen its market position. The company aims to leverage its technological capabilities to adapt to changing market dynamics and improve its financial performance in the coming years. Stakeholders are encouraged to stay tuned for further updates as the company navigates these challenges.