No Data
CROSSTEC Announces AGM and Key Resolutions
CROSSTEC: Annual Report 2023/2024
CROSSTEC: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2024
Crosstec Group to Narrow Full-Year Loss
CROSSTEC Foresees Drastic Loss Reduction
crosstec (03893.HK) expects annual comprehensive net loss to decrease.
Grantswave reported on September 26th that crosstec (03893.HK) announced that compared to the comprehensive net loss of approximately 53.6 million Hong Kong dollars in the previous year, the Group expects to record a comprehensive net loss of approximately 11.8 million Hong Kong dollars to 13.1 million Hong Kong dollars for the year ending June 30, 2024. The board of directors believes that the reduction in the Group's comprehensive net loss for this year is mainly attributed to: (a) approximately 6.3 million Hong Kong dollars of contract costs reversed and approximately 6.4 million Hong Kong dollars of expected losses from loss-making contracts reversed this year, resulting in gross loss turning into gross profit; (b) approximately 8.1 million Hong Kong dollars decrease in impairment losses on properties, plants, and equipment for this year.
No Data
No Data
_AMS_ : I have the same question like you……
Calvin123 : interesting, I also wonder why they want to force the price to plunge. probably they are shorting to buy back at a low price?
Newbiebie : before u buy they already hold.