The latest update is out from Transtech Optelecom Science Holdings Limited ( (HK:9963) ).
Transtech Optelecom Science Holdings Limited reported a significant financial downturn for the year ended December 31, 2024, with revenue decreasing from HK$174,208,000 in 2023 to HK$148,017,000 in 2024. The company experienced a gross loss of HK$275,000 compared to a profit in the previous year, and a substantial increase in the loss attributable to owners, reaching HK$94,846,000. The Board decided not to pay a final dividend for the year. These results indicate a challenging financial period for the company, impacting its market positioning and shareholder returns.
More about Transtech Optelecom Science Holdings Limited
Transtech Optelecom Science Holdings Limited operates in the telecommunications industry, focusing on the production and distribution of optical fiber cables and related products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -19.44%
Average Trading Volume: 57,631
Technical Sentiment Signal: Sell
Current Market Cap: HK$75.4M
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