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Brainhole Technology Limited ( (HK:2203) ) has provided an announcement.
Brainhole Technology Limited has issued a profit warning, anticipating a significant increase in net loss for the year ended December 31, 2024, compared to the previous year. The losses are attributed to global trade tensions affecting the semiconductor business and fluctuations in financial markets impacting investment securities trading. Despite these challenges, the company is adjusting its production scale and investment strategy, while also exploring new business opportunities and partnerships to drive future growth. The Board remains optimistic about the company’s long-term growth and development.
More about Brainhole Technology Limited
Brainhole Technology Limited operates in the semiconductor industry and is involved in broadband infrastructure and smart field business. The company focuses on technological innovation and productivity, aiming to develop new business growth opportunities.
YTD Price Performance: -14.35%
Average Trading Volume: 3,411,036
Technical Sentiment Signal: Hold
Current Market Cap: HK$155.2M
For detailed information about 2203 stock, go to TipRanks’ Stock Analysis page.