Comtec Solar Systems Group Ltd. (HK:0712) has released an update.
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Comtec Solar Systems Group Ltd. has issued a profit warning, anticipating an unaudited loss of RMB20 to 30 million for the first half of 2024, a stark contrast to the profit of RMB48.7 million in the same period the previous year. The expected loss is mainly attributed to the absence of a significant one-time gain from selling investment properties in the prior year. Shareholders and potential investors are cautioned to consider this information when trading the company’s securities.
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