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SIWI SCI & TECH: 2024 ANNUAL RESULTS ANNOUNCEMENT
SIWI SCI & TECH (01202.HK) will hold a Board of Directors meeting on March 21 to approve the annual performance.
Gelonghui reported on March 11 that SIWI SCI & TECH (01202.HK) announced that the Board of Directors will hold a meeting on March 21, 2025, to review and approve (including) the annual performance of the company and its subsidiaries for the year ending December 31, 2024.
SIWI SCI & TECH (01202.HK) expects an annual net income of approximately 1.15 million yuan.
On February 25, Glonghui reported that SIWI SCI & TECH (01202.HK) announced that the group expects to record a Net income attributable to the owners of the company of approximately 1.15 million yuan for the year ending December 31, 2024, down from approximately 2.77 million yuan in the previous year. The decrease in Net income attributable to the owners of the company is mainly due to the decline in the fiber optic market, which affected fiber optic prices, leading to decreased revenue and profits.
Express News | Chengdu SIWI Science and Technology - Expected Result Due to Decrease in Revenue & Profit Due to Decline in Optical Fiber Prices for Year
Express News | Chengdu SIWI Science and Technology Sees Net Profit Attributable RMB1.15 Mln, for Year
SIWI SCI & TECH: PROFIT ALERT
