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CONTEL: SECOND INTERIM REPORT 2024
Contel Technology Company Limited's (HKG:1912) Popularity With Investors Under Threat As Stock Sinks 29%
CONTEL (01912.HK) reported a net loss of 7.9 million USD over the past 12 months.
Glory Financial reported on February 28 that CONTEL (01912.HK) announced that for the twelve months ending December 31, 2024, the revenue is estimated to be approximately $62.4 million, a decrease of about 5.9% compared to approximately $66.3 million in the previous period, mainly due to a reduction in Sensor and automation control Business. The group's after-tax loss changed from $9.7 million in the previous period to a net loss of $7.9 million for the fiscal year 2024. The Board of Directors has resolved to change the company's fiscal year-end from December 31 to March 31. Therefore, the company's next fiscal year-end will be 2025.
Contel Technology Reports Decreased Losses Amid Revenue Decline
CONTEL (01912) announced the results for the 12 months ending December 31, 2024, with a loss attributable to shareholders of 7.948 million Hong Kong dollars, a decrease of 18.47% year-on-year.
CONTEL (01912) announced its performance for the 12 months ending December 31, 2024, with revenue of 6241.9...
Express News | Contel Technology FY Gross Profit USD 2.4 Million
