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SOLARTECH INT'L: ANNUAL REPORT 2024
SOLARTECH INT'L: 2023/2024 ANNUAL RESULTS ANNOUNCEMENT
Solartech International Expects Slimmer Loss in H1
solartech int'l (01166.HK) issued a profit warning: expected annual net loss of 87 million Hong Kong dollars to 93 million Hong Kong dollars.
Gransolar Group September 20th | solartech int'l(01166.HK) announced that, according to the preliminary review of the unaudited comprehensive management accounts of the Group for the year ended June 30, 2024, it is expected that the company's attributable loss to owners will be between 87 million Hong Kong dollars and 93 million Hong Kong dollars for the year ended June 30, 2024, while an attributable loss of approximately 0.177 billion Hong Kong dollars was recorded for the year ended June 30, 2023. It is expected that the attributable loss to owners will decrease, mainly due to the following factors: (i) increase in turnover and gross profit; (ii) reversal of impairment losses on mining rights recognized in the relevant period.
Express News | Solartech International Sees Increases in Turnover and Gross Profit for Year
Express News | Solartech International Sees Loss Attributable for Year HK$87 Mln to HK$93 Mln
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