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MMG Rallies ~8% as It Receives Favorable Decision from Tax Court in Peru
Recommend 16 Positive 7 Negative 10 |
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MMG (01208.HK) rose for the third consecutive day, and peaked at $2.62 this morning. The stock last swelled 7.88% to $2.6, with 87.153 million shares traded, involving $223 million. MMG announced its 2024 results on Tuesday night, with revenue of US$4.479 billion, up 3% YoY. Net profit amounted to US$162 million, an increase of 17x. The Company added yesterday that it received a favorable decision of the Tax Court in Peru to claim tax losses and interest deductions on loans. AAStocks Financial News |
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