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TEAMWAY INTL GP: Interim Report 2024
teamway intl gp [01239] is now trading at HKD 0.15, a decrease of 12.28%.
As of 15:43, TEAMWAY INTL GP [01239] reported a price of HKD 0.15, a decrease of HKD 0.021 or 12.28% compared to the previous closing price of HKD 0.171. The trading volume was HKD 0.3036 million. The highest price today was HKD 0.169 and the lowest price was HKD 0.15. Calculated based on yesterday's closing price, the 10-day average price is HKD 0.13 and the 50-day average price is HKD 0.11. The current P/E ratio is -0.46x and the 14-day strength index is 68.38.
TEAMWAY INTL GP: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2024
Teamway International Group Holdings Limited (HKG:1239) Stock Catapults 91% Though Its Price And Business Still Lag The Industry
Teamway Intl GP (01239.HK) issued a profit warning: It is expected that the mid-term loss attributable to owners of the parent company will increase by about 80% to 90%.
TEAMWAY INTL GP (01239.HK) announced that the group is expected to record a loss of approximately RMB 23,360,000 in the six months ended June 30, 2024, an increase of about 80% to 90% from the same period last year. The expected increase is mainly due to (i) weak customer demand, resulting in decreased sales of packaging products and structural components; and (ii) decreasing economies of scale due to lack of mass production, leading to a decrease in gross margin.
Express News | Teamway International Group - Expected Result Due to Decrease in Sales of Packaging Products & Structural Components Due to Weakened Demand, Others
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