on Rektron Group Inc.
Rektron Group Inc. Announces USD$30 Million Gross Profit for 2024
Rektron Group Inc., a global commodities trading company, reported a revenue of USD$2.5 billion for the fiscal year ending July 31, 2024. This marks a 24% increase compared to the USD$2.0 billion from the previous year. The company achieved a gross profit of USD$30 million for the same period. Rektron's profit for the fiscal year was USD$13 million.
CEO Ricardo Phielix highlighted that despite market challenges, the company adjusted operations to align with current conditions. This strategic move supported customer relationships and reinforced their market position. The company's efforts include a focus on investments and operational efficiency.
Financial documents and further details are accessible on SEDAR+.
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