9R Limited 1H 2026 Profit Vanishes
9R Limited experienced a shift from profit to a financial loss for the current six-month period, despite recording an increase in revenue. This revenue growth was primarily driven by the Group's core lifestyle retail business and promising initial contributions from the RedPay electronic payment service. However, expenses related to promotional campaigns and operational costs increased. The Group is focused on mitigating anticipated impacts from rising input costs, particularly due to new excise duties on alcoholic beverages, while also navigating challenges in its supply chain segment. The…
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