Serko Ltd. Reports Revenue Growth Amidst Losses
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Serko Ltd. reported Q2 earnings with revenue growth to NZD 61.1 million from NZD 41.5 million, despite a net loss of NZD 9.5 million. The rise in transaction and usage fees in the travel platform booking segment contributed to revenue growth. Increased operating expenses and foreign exchange losses impacted profitability. The company aims to navigate market challenges and enhance its market position.
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