Contel Technology Faces Wider Losses Amid Sales Dip

Contel Technology Company Limited (HK:1912) has released an update.

Contel Technology Company Limited has reported a slight increase in its loss for the period ending June 30, 2024, compared to the same period in the previous year, despite a decrease in revenue. The unaudited interim financial results show a decrease in both gross profit and revenue, with a loss per share remaining constant. The Company’s financial performance indicates challenges in improving profitability amidst decreasing sales figures.

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