Pine Tech (01079) announces profit growth. It is expected that the annual comprehensive net profit after tax will be no less than approximately 40 million Hong Kong dollars.
Matsue Technology (01079) announces that the Group expects to achieve unaudited results for the year ending June 30, 2024...
PINE TECH (01079) announced that the group expects the unaudited post-tax comprehensive net profit for the year ending June 30, 2024 to be not less than approximately HK$40 million, compared to a post-tax comprehensive net loss of approximately HK$107.6 million for the year ending June 30, 2023.
The group's unaudited post-tax comprehensive net profit for the 2024 financial year is expected to turn loss into profit, mainly due to the following factors: significant increase in revenue in the 2024 financial year; substantial reduction in general and administrative expenses in the 2024 financial year; no impairment loss on goodwill or intangible assets in the 2024 financial year; and recognition of profits from the sale of subsidiaries in the 2024 financial year.
Related Articles
CICC: It is expected that the global energy storage demand will remain high in 2025, focusing on opportunities for front-end and back-end energy storage.
Hong Kong stock market concept tracking | Excavator market sentiment rebounded in June! Sales in the first half of the year better than expected, leading engineering machinery companies are expected to benefit from rising volume (including concept stocks)
Sky-ocean Electronics has applied for an IPO on the Shenzhen Stock Exchange main board and has already gone through the inquiry process. The company's main business includes the research and development as well as production of automotive components.
CICC: It is expected that the global energy storage demand will remain high in 2025, focusing on opportunities for front-end and back-end energy storage.
Hong Kong stock market concept tracking | Excavator market sentiment rebounded in June! Sales in the first half of the year better than expected, leading engineering machinery companies are expected to benefit from rising volume (including concept stocks)
Sky-ocean Electronics has applied for an IPO on the Shenzhen Stock Exchange main board and has already gone through the inquiry process. The company's main business includes the research and development as well as production of automotive components.
