NXT: Positive net income and improved margins achieved despite lower sales, with strategic expansion underway

About this update from Nueva Expresion Textil, S.a.

Net income turned positive in 1H 2024 amid a 38% revenue drop, driven by cost restructuring and operational efficiency. EBITDA margin rose to 16%, with new investments and capital increases supporting expansion in Guatemala and sustainable dyeing technology.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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