Magic Empire Global Reports Significant Revenue Decline in H1 2025
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Magic Empire Global Ltd. (MEGL) reported a 33.8% revenue decline in H1 2025, with a net loss of HK$4.6 million, compared to a net income of HK$0.6 million in H1 2024. The decrease is attributed to reduced income from financial advisory services and increased staff costs. Spark's AI Analyst rates MEGL as Neutral, highlighting significant financial challenges, including declining revenues and negative cash flow. The company's market cap is $11.85M, with a technical sentiment signal of Hold.
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