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Greentech Technology International Limited ( (HK:0195) ) has shared an announcement.
Greentech Technology International has issued a positive profit alert, indicating that profit attributable to owners for the six months ended 30 June 2025 is expected to be at least HK$60 million, sharply higher than HK$15.8 million a year earlier. Management attributes the improvement primarily to higher tin prices and increased sales volumes, which significantly lifted gross profit despite higher exchange losses.
The company also expects full-year 2024 profit attributable to owners to more than double from HK$68.4 million in 2023, though the figures remain subject to audit and potential adjustment ahead of results due for release on 27 February 2026. Trading in Greentech’s shares has been suspended since 2 September 2024 due to delayed interim results and will remain halted until it meets resumption conditions, leaving investors facing both stronger earnings prospects and ongoing disclosure-related trading risks.
More about Greentech Technology International Limited
Greentech Technology International Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating in the tin-related resources and materials sector. The Group’s performance is closely tied to tin prices and sales volumes, reflecting its focus on tin production and trading activities in regional and international markets.
Technical Sentiment Signal: Sell
Current Market Cap: HK$382.5M
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