CIRTEK Holdings Philippines Corp. reported a lower net income after tax of $2 million (P112.34 million) for the first six months of 2024 from $4.3 million (P241.73 million) a year earlier.
CIRTEK Holdings Philippines Corp. reported a lower net income after tax of $2 million for the first six months of 2024 from $4.3 million a year earlier.Consolidated revenues were said to have declined by 27 percent to $29.4 million , from $40.2 million in the first six months of 2023.
4 million, while inventory levels remained flat at $58.9 million.Cirtek Holdings has current liabilities of $36 million, 18 percent lower than $44 million worth of trade and other payables, short-term loans, long-term debt-current portion, amounts owed to related parties, and income tax payable.
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