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14 Apr 2025
Mewah International Inc. Reports Revenue Growth Amidst Profit Decline in FY2024
Summary: Mewah International Inc. achieved a 16% increase in revenue, reaching US$4.78 billion in FY2024, driven by a 10.3% rise in sales volume to 4.78 million metric tons. Despite this growth, net profit declined by 4.4% to US$38.8 million, attributed to factors such as increased impairment losses and higher finance expenses.