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Kuber Resources Corporation  (KUBR)
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Price: $6.1500 $-0.15 -2.381%
Day's High: $6.4 Week Perf: 11.82 %
Day's Low: $ 5.00 30 Day Perf:
Volume (M): 1 52 Wk High: $ 6.51
Volume (M$): $ 7 52 Wk Avg: $5.57
Open: $6.00 52 Wk Low: $4.50



 Market Capitalization (Millions $) 1,250
 Shares Outstanding (Millions) 203
 Employees -
 Revenues (TTM) (Millions $) 4
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Kuber Resources Corporation


   Company Address: Lippo Centre Tower 2 Admiralty 1113
   Company Phone Number: 3703-6155   Stock Exchange / Ticker: KUBR


   

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Kuber Resources Corporation

Kuber Resources Corporation Reports Significant Revenue Decline of -96.809% in Q2 2023, Raises Concerns Over Company's Performance


Introduction
In the second quarter of 2023, Kuber Resources Corporation (KUBR) managed to achieve balanced books, reporting earnings of $0.00 per share. Despite this, the company experienced a decline in revenue, which dropped by -96.809% to $0.02 million compared to the same quarter the previous year. This article focuses on analyzing KUBR's financial results and placing them in the context of the overall Broadcasting Media & Cable TV sector.
Revenue Declines Significantly
KUBR's financial report revealed a sharp decline in revenue, with a -96.809% decrease to $0.02 million from $0.72 million in the same quarter the previous year. Furthermore, sequentially, the revenue tumbled by -30.752% from $0.03 million in the previous quarter. This decline could signify various challenges faced by the company, such as reduced advertising expenditures or declining viewership.







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