The latest update is out from Solartech International Holdings Limited ( (HK:1166) ).
Solartech International Holdings Limited has issued a profit warning for the six months ended 31 December 2024, expecting a loss between HK$23 million to HK$30 million, a notable improvement compared to the HK$58.76 million loss in the same period the previous year. This reduction in losses is attributed to increased gross profit, reduced general and administrative expenses, and a lesser net loss from the fair values of the Group’s investment properties.
More about Solartech International Holdings Limited
YTD Price Performance: -40.0%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €4.25M
For a thorough assessment of 1166 stock, go to TipRanks’ Stock Analysis page.