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Asia Tele-Net Issues Profit Warning Amid Decreased Net Profit

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Asia Tele-Net Issues Profit Warning Amid Decreased Net Profit

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Asia Tele-Net and Technology Corp Ltd ( (HK:0679) ) just unveiled an update.

Asia Tele-Net and Technology Corporation Limited has issued a profit warning, indicating a significant decrease in net profit for the six months ending June 2025 compared to the previous year. The expected net profit is not less than HK$13 million, down from approximately HK$29 million, due to factors such as changes in the fair value of investment properties and gains from investments held for trading. The final results are pending, and shareholders and investors are advised to exercise caution.

More about Asia Tele-Net and Technology Corp Ltd

Asia Tele-Net and Technology Corporation Limited operates in the technology sector, focusing on telecommunications and technology services. The company is incorporated in Bermuda and is listed on the Stock Exchange of Hong Kong.

Average Trading Volume: 153,800

Technical Sentiment Signal: Buy

Current Market Cap: HK$404.8M

See more data about 0679 stock on TipRanks’ Stock Analysis page.

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