PINE TECH (01079) announced its annual performance, with a loss attributable to shareholders of HKD 15.14 million, a year-on-year decrease of 11.61%.
Songjing Technology (01079) announced its annual results for the year ending June 30, 2026, reporting revenue of HKD 290 million, a decrease of 4.6% year-on-year; the loss attributable to owners of the company was HKD 15.14 million, a decrease of 11.61% year-on-year; loss per share was HKD 0.011.
PINE TECH (01079) announced its annual results for the year ending June 30, 2026, reporting a revenue of HK$290 million, a decrease of 4.6% year-on-year; the loss attributable to equity holders of the company was HK$15.14 million, a decrease of 11.61% year-on-year; and the loss per share was HK$0.011.
The announcement stated that the decrease in revenue reflects the group's strategic adjustment of its business portfolio during the year: the group is gradually halting its trading of plastic raw materials and online sales of its own brand consumer electronics, reallocating the released resources to the trading of memory storage components and enterprise rack-mounted servers.
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