Junee Ltd. has released its unaudited financial results for the first half of Fiscal Year 2025, ending December 31, 2024. The company reported a revenue of $737.981 million, marking a significant decline of 55.6% compared to $1.662 billion in the same period of the previous year. The decrease in revenue was primarily attributed to a further decline in customer demand. The net loss for the period was $6.110 million, a considerable increase from the net loss of $230,392 reported for the same period in 2023. The gross profit also saw a sharp decrease, falling by 88.6% to $46,575 from $407,077 in the previous year. The gross profit margin dropped from 24.5% to 6.3%, largely due to projects that resulted in a gross loss because of schedule variations and additional work and costs incurred. Junee Ltd. remains focused on integrating smart technology into its offerings, aiming to set new standards for innovation and excellence in the industry.
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