PTL Limited has released its financial results for the fiscal year ending December 31, 2024. The company reported actual revenue of $98.1 million, marking a decrease from the previous year's $102.1 million. Despite this drop in revenue, the gross profit rose to $2.4 million from $1.9 million in 2023, indicating a positive trend in profitability. However, the company experienced a net loss from operations amounting to $4.8 million, a significant downturn compared to a profit of $1.1 million in 2023. Interest income showed a notable increase, reaching $8,688 compared to $1,201 in the previous year. PTL Limited did not report any off-balance sheet arrangements or significant changes in its business operations. The company is not aware of any trends or uncertainties that could materially affect its financial condition in the foreseeable future.
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