Tongda to Widen Loss in 2024

MT Newswires Live
10 Feb

Tongda Group (HKG:0698) expects an attributable loss of between HK$3.8 billion and HK$4 billion in 2024, wider than the HK$1.23 billion a year prior, a Friday Hong Kong bourse filing said.

The handset components manufacturer attributed the anticipated wider loss mainly to one-off non-cash impairment provisions and the absence of a revenue contribution from a disposed business.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10