The Wisynco Group is reporting a decline in its net profits during the second quarter of its financial year ended December 31.
This is despite a 7% increase in its revenues to $14.2 billion from $13.3 billion during the corresponding period of 2023.
The company's net profits dipped to $991 million during the quarter, down from the $1.2 billion recorded during the similar period of the previous
year.
Its profits for the six month period to December declined to $2.49 billion dollars from $2.77 billion for the similar period in 2023.
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