Solartech International Holdings Limited (HK:1166) has released an update.
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Solartech International Holdings Limited has reported their annual financial results for the year ended 30 June 2024, revealing a reduction in losses to HK$89,247,000 from the previous year’s HK$176,759,000. The company’s revenue nearly doubled, climbing from HK$374,316,000 to HK$795,700,000, though they faced a substantial loss in fair value changes of investment properties. Despite the challenges, the loss per share improved from HK$1.48 to HK$0.75, indicating a better performance year over year.
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