Asia Tele-Net and Technology Corp Ltd (HK:0679) has released an update.
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Asia Tele-Net and Technology Corp Ltd has reported its unaudited interim financial results for the first half of 2024, showing a profit before taxation of HK$26,944,000, a decrease from the previous year’s HK$146,400,000. Despite a slight drop in revenue, the company managed to maintain profitability with a period-end profit of HK$29,043,000, although this was significantly lower than the HK$109,976,000 reported in 2023. The earnings per share also fell from HK27.92 cents to HK7.58 cents.
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