Sprocomm Intelligence Expects Lower Net Profit in 2024

MT Newswires Live

2025/02/18

Sprocomm Intelligence (HKG:1401) expects a net profit between 10 million yuan and 18 million yuan in 2024, lower than 31 million yuan logged for 2023, a Tuesday bourse filing said.

The mobile phones and printed circuits company attributed the expected decrease to a decline in gross profit margins for the reporting period and an increase in administrative expenses.

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