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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 (00464.HK) completes the issuance of 60 million shares.
Grants-in-tech asia vets November 19 | china in-tech (00464.HK) announced that, according to the subscription agreement, the company has subscribed for and issued 60 million shares of subscription shares to subscribers at a subscription price of HK$0.100 per share as of the date of this announcement in accordance with the general mandate, accounting for approximately 10.12% of the company's enlarged issued share capital for the subscription of shares distributed and issued.
China In-Tech Limited (HKG:464) May Have Run Too Fast Too Soon With Recent 37% Price PlummetNo Data
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