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CHINA IN-TECH: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
China In-Tech Limited Issues Profit Warning
China in-tech (00464.HK) warns of a loss: expected interim net loss not exceeding 23.5 million Hong Kong dollars.
Gelonghui on November 26th China In-tech (00464.HK) announced that it expects the Group to incur a net loss of no more than 23.5 million Hong Kong dollars for the six months ending September 30, 2024, compared to a net loss of about 8.3 million Hong Kong dollars for the six months ending September 30, 2023. The board of directors believes that the expected increase in losses is mainly due to reduced revenue and a decrease in gross margin. The decrease in gross margin is mainly due to increases in material costs and wages.
Express News | China in-Tech Sees Decrease in Revenue and Deterioration of Gross Profit Margin for Hy
Express News | China in-Tech Ltd Sees a Net Loss of Not More Than HK$23.5 Mln for Six Months
CHINA IN-TECH: PROFIT WARNING
China In-Tech Limited (HKG:464) May Have Run Too Fast Too Soon With Recent 37% Price PlummetNo Data
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