KNT Holdings Limited (HK:1025) has released an update.
KNT Holdings Limited has announced a preliminary decrease in its annual loss to approximately HK$25.0 million for the year ended 31 March 2024, down from HK$31.3 million the previous year. The reduction is primarily due to lowered administrative, selling, and distribution expenses as well as a decrease in impairment losses on property, plant, and equipment. Shareholders are cautioned to await the final audited results due for publication on 28 June 2024 before making investment decisions.
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