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CCT Fortis Holdings Limited ( (HK:0138) ) has provided an announcement.
CCT Fortis Holdings Limited announced several strategic measures to address a disclaimer of opinion in their 2024 annual report. The company completed the disposal of its stage audio and lighting business, renewed loan facilities, and sold non-profitable assets to streamline operations and improve financial stability. These actions are aimed at enhancing the company’s market position and ensuring compliance with financial covenants, potentially impacting stakeholders positively by stabilizing the company’s financial outlook.
More about CCT Fortis Holdings Limited
CCT Fortis Holdings Limited, incorporated in the Cayman Islands and continued in Bermuda, operates in various sectors including stage audio and lighting, stage engineering, landscape design services, retail sale of flowers and plants, and provision of food and beverages.
Average Trading Volume: 372,585
Technical Sentiment Signal: Sell
Current Market Cap: HK$136M
For an in-depth examination of 0138 stock, go to TipRanks’ Overview page.