Datronix Holdings Forecasts Increased H1 Losses

Datronix Holdings Limited (HK:0889) has released an update.

Datronix Holdings Limited has issued a profit warning, anticipating a loss of over HK$15 million for the first half of 2024, which is higher than the HK$14 million loss reported in the same period of the previous year. The company attributes the expected loss mainly to sales pressure but assures that its financial position remains stable. Investors are advised to exercise caution when dealing with the company’s shares.

For further insights into HK:0889 stock, check out TipRanks’ Stock Analysis page.