Business
MEE: Revenue fell and losses continued as King Honey sales dropped, prompting a major restructure
MEE: Revenue fell and losses continued as King Honey sales dropped, prompting a major restructure
About this update from Me Today Limited
Revenue declined to $5.03m with a net loss of $11.28m, driven by a sharp drop in King Honey sales. The group completed a major restructure, raised $3.1m, closed beekeeping operations, and is prioritizing the sale of King Honey while expanding Me Today’s product range and international presence.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.