Samarkand Group plc (SMK ASE) has today reported a trading update for the 12 months ending March 31st 2024 (FY 2024). SMK, a cross-border eCommerce technology, services, and consumer brand group is undergoing turnaround. It is expanding revenue outside China, which had been impacted by COVID and now consumer price pressure and competition, through selling higher margin wholly owned skincare and wellness brands in Europe. SMK has reduced internal costs and today reports FY 2024 EBITDA losses redu ....
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22 May 2024
Samarkand Group PLC: Trading Update
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Samarkand Group PLC: Trading Update
Samarkand Group Plc (SMK:PLU) | 4.0 0 0.0% | Mkt Cap: 2.33m
- Published:
22 May 2024 -
Author:
Phil Smith -
Pages:
10 -
Samarkand Group plc (SMK ASE) has today reported a trading update for the 12 months ending March 31st 2024 (FY 2024). SMK, a cross-border eCommerce technology, services, and consumer brand group is undergoing turnaround. It is expanding revenue outside China, which had been impacted by COVID and now consumer price pressure and competition, through selling higher margin wholly owned skincare and wellness brands in Europe. SMK has reduced internal costs and today reports FY 2024 EBITDA losses redu ....