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Sheen Tai Holdings Reports Significant Revenue Decline and Increased Losses for 2024
Sheen Tai Holdings Announces Board Restructuring
SHEEN TAI (01335) released its annual performance, with a shareholder loss of 33.712 million Hong Kong dollars, an increase of 151.79% year-on-year.
SHEEN TAI (01335) released its annual performance results for the year ending December 31, 2024, continuing the operation of its business...
Express News | Sheen Tai Holdings Group Company FY Capex HKD 400 Thousand
SHEEN TAI: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
SHEEN TAI (01335.HK) expects annual losses to be no more than approximately 40 million Hong Kong dollars.
On March 21, Ge Long Hui丨SHEEN TAI (01335.HK) announced that the company expects to record a loss of no more than approximately 40 million Hong Kong dollars for the year ending December 31, 2024, compared to an after-tax loss of approximately 13.4 million Hong Kong dollars in the same period of 2023. The group believes that the increase in after-tax loss during the reporting period is mainly due to an increase in impairment losses related to trade receivables and other receivables, with the final amount pending evaluation by an independent assessor.
