
MACAU E&M announced its 2024 performance, with a net loss of 2.49 million Macanese Patacas, a year-on-year narrowing of 33.76%

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MACAU E&M announced its 2024 performance, with revenue of MOP 92.052 million, a year-on-year decrease of 28.24%; net loss of MOP 2.49 million, a year-on-year narrowing of 33.76%. The decrease in revenue was mainly due to lower contract amounts for awarded projects. The narrowing of net loss indicates that the group has made progress in managing costs and improving operational efficiency, implementing strategic measures to enhance cost-effectiveness, and driving a year-on-year increase in gross margin of 2.0 percentage points
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