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Datronix Holdings Limited ( (HK:0889) ) has provided an update.
Datronix Holdings Limited has issued a profit warning, indicating an expected loss exceeding HK$50 million for the year ending December 31, 2024, compared to a HK$24 million loss in 2023. The anticipated loss is attributed to weakened market conditions and a fair value loss on investment property revaluation. Despite this, the company’s financial position remains stable, although shareholders and potential investors are advised to exercise caution.
More about Datronix Holdings Limited
Datronix Holdings Limited is a company incorporated in Bermuda, operating within the technology sector. It is listed on The Stock Exchange of Hong Kong Limited and focuses on producing and distributing electronic components and related products.
YTD Price Performance: 3.85%
Average Trading Volume: 54,352
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$86.4M
Find detailed analytics on 0889 stock on TipRanks’ Stock Analysis page.