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The latest announcement is out from China Titans Energy Technology Group Co., Ltd. ( (HK:2188) ).
China Titans Energy Technology Group Co., Ltd. has issued a profit warning, indicating an expected increase in losses for the fiscal year 2024 compared to the previous year. The anticipated loss, ranging from RMB44 million to RMB47 million, is attributed to higher administrative and selling expenses, as well as a decrease in gross profit margin due to strategic adjustments aimed at increasing market share. The company’s results are still being finalized, and the figures are based on unaudited management accounts.
More about China Titans Energy Technology Group Co., Ltd.
China Titans Energy Technology Group Co., Ltd. operates in the energy technology sector, focusing on providing innovative solutions and services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: -4.84%
Average Trading Volume: 2,181,894
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$440.1M
For an in-depth examination of 2188 stock, go to TipRanks’ Stock Analysis page.