ValueMax Group Ltd. (SG:T6I) has released an update.
ValueMax Group Limited reported a substantial 18.9% increase in profit before tax, reaching $63.4 million for the financial year ended 31 December 2023, signaling strong growth potential. The company aims to expand its presence by opening new pawnbroking outlets in Singapore and Malaysia, leveraging strategic acquisitions and store setups. Amidst soaring gold prices, the company’s management is focusing on capitalizing on the trend while closely monitoring market indicators to manage the associated uncertainties.
For further insights into SG:T6I stock, check out TipRanks’ Stock Analysis page.
