PT International Posts Reduced Annual Losses

PT International Development Corporation Limited (HK:0372) has released an update.

PT International Development Corporation Limited reported a significant reduction in annual loss from HK$360,405,000 last year to HK$89,250,000 this year, indicating a stronger financial position. The company’s revenue saw a sharp decline from the previous year, but a net gain on financial instruments helped mitigate overall losses. Despite the decrease in total losses, the group faced a comprehensive year expense totaling HK$94,205,000.

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