The company attributed its net loss to lower gross profit.
Goodland Group reported a net loss of $3.5m in 1H24.
The company attributed its net loss to its 90% YoY lower gross profit of $365,000.
Gross profit sank due to lower revenue and gross margin.
Revenue in 1H24 declined 48% to $5.17m from $10m in 1H23.
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