SMIT: Annual Report 2024
SMIT Holdings Limited's (HKG:2239) Popularity With Investors Under Threat As Stock Sinks 27%
SMIT Holdings Reports Increased Losses for 2024
SMIT Holdings Announces Final Dividend for 2024
Express News | Smit Holdings FY Revenue USD 700 Thousand
Express News | Smit Holdings FY Net Income USD -38.9 Million
Express News | Smit Holdings FY Gross Profit USD 7.5 Million
SMIT: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
SMIT (02239.HK) issues a profit warning: expects a loss not exceeding 39 million USD in 2024.
On March 21, GELONGHUI announced that SMIT (02239.HK) expects to record a loss of not more than 39 million dollars for the year ending December 31, 2024, based on the preliminary review of the unaudited consolidated management accounts. This compares to a loss of approximately 14 million dollars for the year ending December 31, 2023. The loss is mainly attributed to the share of losses from associates held by the group, resulting from its continued investment in R&D activities, along with fair value measurement losses from several invested companies, approximately 24 million dollars and 10 million dollars respectively. These losses are non-cash items and will not affect the cash position.
Express News | Smit Holdings Ltd - Expects Loss of Not More Than $39 Million for 2024
SMIT: PROFIT WARNING
SMIT (02239.HK) will hold a Board of Directors meeting on March 27 to approve the annual performance.
Gelonghui, March 14 │ SMIT (02239.HK) announced that the company will hold a Board of Directors meeting on March 27, 2025, to approve the release of the annual performance announcement for the year ending December 31, 2024, as well as to consider the proposal for the distribution of a final dividend (if any).
SMIT: NOTIFICATION OF BOARD MEETING
Gold Fields: Smit Retires as Member of the Technical Committee
SMIT Holdings Announces Headquarters Relocation in Hong Kong
Risks Still Elevated At These Prices As SMIT Holdings Limited (HKG:2239) Shares Dive 27%
Founder of SMIT Holdings Picks Up 3.3% More Stock
Boskalis Completes Acquisition of Smit Lamnalco
Smit [02239] is now trading at HKD 0.67, an increase of 19.64%.
As of 13:15, smit [02239] reported a price of 0.67 Hong Kong dollars, up 0.11 Hong Kong dollars or 19.64% from yesterday's closing price of 0.56 Hong Kong dollars. The transaction amount is 0.0134 million Hong Kong dollars. The highest price today is 0.67 Hong Kong dollars, and the lowest price is 0.67 Hong Kong dollars. Based on the closing price yesterday, the 10-day average price is 1.41 Hong Kong dollars, and the 50-day average price is 1.47 Hong Kong dollars. The current PE ratio is -4.46 times, and the 14-day strength index is 46.15.
Insider Sale: CFO Eric Smit Sells 22,000 Shares of EGain Corp (EGAN)