Twintek Investment Holdings Ltd. (HK:6182) has released an update.
Twintek Investment Holdings Limited anticipates a larger net loss for the fiscal year ended March 31, 2024, estimating a loss between HK$30.0 to HK$37.0 million, in contrast to the HK$23.2 million loss the previous year. Factors contributing to this increase include a significant revenue drop due to decreased contract values and delays in supply and installation projects. Investors are advised to exercise caution when dealing with the company’s securities.
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