Solartech International Flags Narrower Loss for Fiscal H1

MT Newswires Live
02-21

Solartech International (HKG:1166) expects a loss attributable to the owners between HK$23 million and HK$30 million for the fiscal first half ended Dec. 31, 2024, narrower than HK$58.8 million logged for the year-ago period, a Friday bourse filing said.

The cables and wires manufacturer attributed the expected narrower loss to an increase in gross profits, a decrease in net loss, and a decline in expenses during the reporting period.

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