Kandal M Venture Limited (FMFC) announced a profit for first half that Dropped, from the same period last year
The company's earnings came in at $0.168 million, or $0.01 per share. This compares with $0.651 million, or $0.04 per share, last year.
The company's revenue for the period fell 17.0% to $7.903 million from $9.523 million last year.
Kandal M Venture Limited earnings at a glance (GAAP) :
-Earnings: $0.168 Mln. vs. $0.651 Mln. last year.-EPS: $0.01 vs. $0.04 last year.-Revenue: $7.903 Mln vs. $9.523 Mln last year.
This decrease in revenue was mainly due to an increase in the United States’ import tariffs during the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.