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Comba Telecom Systems Holdings ( (HK:2342) ) has issued an update.
Comba Telecom Systems Holdings Limited has announced a delay in the publication of its 2024 annual results due to the classification of Laos as a hyperinflation state by the International Monetary Fund. This development requires the company to reassess its financial reporting standards, leading to a postponement of the board meeting originally scheduled for March 20, 2025, to March 27, 2025. Despite this delay, the company maintains that the impact on its financial results will not be material, with losses not expected to exceed HK$600 million.
More about Comba Telecom Systems Holdings
Comba Telecom Systems Holdings Limited is a company incorporated in the Cayman Islands, primarily engaged in the provision of telecommunications services and value-added services. The company operates in various markets, including the Lao People’s Democratic Republic.
YTD Price Performance: 183.75%
Average Trading Volume: 553
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $671.4M
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