MindEnergy AI Technology Reports Significant Increase in Sales and Net Income for Year Ending June 30, 2024; EPS Also Up

Reuters
24 May
MindEnergy AI Technology Reports Significant Increase in Sales and Net Income for Year Ending June 30, 2024; EPS Also Up

MindEnergy AI Technology Pte. Ltd., a subsidiary of Junee Ltd., has released its financial results for the year ended June 30, 2024, as well as for the period from May 15, 2023, to June 30, 2023. The company reported a net loss of $49,951 for the year ended June 30, 2024. Additionally, there was a reported foreign currency translation adjustment loss of $1,444, contributing to the overall financial performance. The financial statements indicate that MindEnergy AI Technology Pte. Ltd. issued shares amounting to 20 million SGD. However, the subscription receivable was recorded at 19 million SGD, reflecting a significant component of the company's financial activities. These results highlight the financial position and operational outcomes of MindEnergy AI Technology Pte. Ltd. as of the end of June 2024.

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