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Comba Telecom Maintains Stable Share Capital in January 2025
Comba Telecom Systems Expects to Post Loss in 2024
Comba Telecom Issues Profit Warning Amid Industry Challenges
COMBA (02342.HK) expects that the annual loss attributable to shareholders will not exceed 0.6 billion Hong Kong dollars.
On January 27, Gelonghui reported that COMBA (02342.HK) announced that the group expects a loss attributable to the parent company owners to be no more than 0.6 billion Hong Kong dollars for the year ending December 31, 2024, whereas the profit attributable to the parent company owners for the previous year was approximately 6.7 million Hong Kong dollars. The group's comprehensive loss this year is mainly due to the following factors: 1. Global telecom operators delaying network capital projects, resulting in a decrease in the group's revenue and gross profit this year; 2. The group actively handling inventory write-offs; and 3. The termination of the company's proposal for COMBA Network Systems Co., Ltd. to spin off and.
Express News | Comba Telecom Systems - Expected Result Due to Financial Impact of Termination of Proposed Spin-off of Comba Network Systems by Co, Others
Express News | Comba Telecom Systems Sees Loss Attributable of Not More Than HK$600 Mln for Year
