Great Wall Terroir Holdings (HKG:0524) expects a loss attributable to the shareholders between HK$24 million and HK$27 million in 2024, narrower than the HK$35.3 million loss in 2023, a Wednesday Hong Kong bourse filing said.
The telecom and IT company attributed the expected decrease to a reduction in legal fees, reduction in impairment loss and depreciation on the right-of-use assets, recognition of gains on de-recognition of designated financial asset, and de-recognition of designated financial asset.
Price (HKD): $0.32, Change: $+0.080, Percent Change: +33.33%