Great Wall Terroir Holdings Expects Narrower Attributable Loss in 2024

MT Newswires Live
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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%

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