Contel Technology Company Limited ( (HK:1912) ) has provided an announcement.
Contel Technology Company Limited announced its unaudited condensed consolidated interim results for the twelve months ending December 31, 2024. The company reported a decrease in revenue to USD 62,419,000 from USD 66,316,000 in the previous year, with a gross profit of USD 2,373,000. Despite the reduction in losses from USD 9,749,000 to USD 7,948,000, the company continues to face financial challenges. The announcement highlights the company’s ongoing efforts to manage costs and improve financial performance, which is crucial for its future positioning in the competitive technology market.
More about Contel Technology Company Limited
Contel Technology Company Limited is a company incorporated in the Cayman Islands with limited liability. It operates within the technology industry, focusing on providing innovative technological solutions and products.
YTD Price Performance: -25.71%
Average Trading Volume: 3,723,813
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$114.2M
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