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Powerwin Tech Group Reports Decline in 2024 Annual Results
POWERWIN TECH (02405) announced its 2024 performance with a Net income of 0.544 million USD, a year-on-year decrease of 92.43%.
POWERWIN TECH (02405) announced its 2024 performance, with revenue of 13.457 million USD, a year-on-year decrease of 37...
POWERWIN TECH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2024ANDUPDATE IN EXPECTED TIMELINE FOR USE OF PROCEEDS
Powerwin Tech Group Issues Profit Warning Amidst Rising Competition
POWERWIN TECH (02405.HK) expects annual profits of approximately 0.2 million to 0.7 million US dollars.
On March 18, Gelonghui reported that POWERWIN TECH (02405.HK) announced a preliminary assessment based on the group's unaudited consolidated management accounts for the year ending December 31, 2024, and the current information available from the Board of Directors. The group expects: total billings for this year to be approximately 850 million to 860 million USD, compared to approximately 682.6 million USD for the year ending December 31, 2023; revenue for this year to be approximately 10 million to 15 million USD, compared to approximately 21.5 million USD for the year ending December 31, 2023; and profit for this year approximately.
Express News | Powerwin Tech Group Ltd - Expected Revenue of US$10 Mln to US$15 Mln for 2024