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Contel Technology Issues Clarification on Disposal Transaction

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Contel Technology Issues Clarification on Disposal Transaction

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Contel Technology Company Limited ( (HK:1912) ) just unveiled an announcement.

Contel Technology Company Limited, listed on the Hong Kong Stock Exchange, issued a clarification regarding a previous announcement about a disposal transaction. The company corrected the figures related to the net liability value and the gain from the disposal of its target companies. The revised figures indicate an expected gain of approximately RMB5.2 million, considering adjustments for liabilities and accumulated losses. This clarification ensures accurate financial reporting and maintains transparency with stakeholders.

More about Contel Technology Company Limited

Average Trading Volume: 2,114,950

Technical Sentiment Signal: Sell

Current Market Cap: HK$109.4M

For an in-depth examination of 1912 stock, go to TipRanks’ Overview page.

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