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TONGDA HONG TAI: Annual Report 2024
Tongda Hong Tai Holdings Reports Revenue Decline and Reduced Loss for 2024
TONGDA HONG TAI: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
TONGDA HONG TAI (02363.HK) expects an annual net loss of approximately 25 million to about 30 million Hong Kong dollars.
On March 24, Gelonghui announced that TONGDA HONG TAI (02363.HK) expects the revenue for the year ending December 31, 2024, to be between approximately 70 million HKD to about 73 million HKD, while the revenue for the year ending December 31, 2023, was approximately 91.259 million HKD; the anticipated net loss for this year is expected to be between approximately 25 million HKD to about 30 million HKD, compared to a net loss of approximately 37.846 million HKD for the year ending December 31, 2023. The expected decline in the group's revenue is primarily due to a weak market economic environment.
Express News | Tongda Hong Tai - Revenue Decrease Due to Reduced Expenditure on Notebooks and Tablets in FY
Express News | Tongda Hong Tai Holdings Ltd - Expected Revenue for 2024 Between HK$70 Mln to HK$73 Mln
