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Transforming Construction Data: OnStation Integrates With TransTech for Seamless Density Gauge Readings
TRANSTECH (09963.HK): It is expected to record an annual loss of approximately 92 million to 98 million Hong Kong dollars.
On March 25, Gelonghui announced that TRANSTECH (09963.HK) reported a loss of approximately 64.2 million HKD compared to the same period last year, and the group expects to incur a loss of around 92 million HKD to 98 million HKD for the fiscal year ending December 31, 2024. Based on currently available information, the anticipated reduction in the group's net loss during 2024 is mainly due to the net effects of the following factors: (i) a weak economic situation leading to decreased sales revenue; (ii) reduced foreign exchange losses due to fluctuations in the exchange rates among the Renminbi, Thai Baht, US Dollar, and Hong Kong Dollar; (iii) increased impairment losses on prepayments made for the procurement of raw materials.
Express News | Transtech Optelecom Science - Expects Loss of HK$92 Million to HK$98 Million for 2024
TRANSTECH: PROFIT WARNING
TRANSTECH: DATE OF BOARD MEETING
Metalforms Heat Transfer and TransTech Group Announce New Channel Partners for Twisted Tube and Brown Fintube Heat Exchanger Product Lines
