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Asia Television Holdings Limited ( (HK:0707) ) has provided an announcement.
Asia Television Holdings Limited has announced supplemental information regarding its efforts to address liquidity pressures and a disclaimer of opinion from its 2024 annual report. The company has implemented cost-cutting measures, including terminating non-profitable projects, resulting in a reduction of expenses by approximately RMB10 million. Trading of the company’s shares on the Hong Kong Stock Exchange remains suspended, and stakeholders are advised to exercise caution.
More about Asia Television Holdings Limited
Asia Television Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in the television industry. The company focuses on producing and broadcasting television content, with a market presence in Hong Kong.
Average Trading Volume: 1,354,709
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$133.7M
For a thorough assessment of 0707 stock, go to TipRanks’ Stock Analysis page.