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Pine Technology Holdings Limited ( (HK:1079) ) has provided an update.
Pine Technology Holdings Limited has issued a profit warning indicating an expected unaudited consolidated net loss after tax of no less than approximately HK$6.0 million for the six months ended 31 December 2024. This shift from a net profit of HK$51.8 million in the same period the previous year is mainly due to the absence of a one-off significant gain from the disposal of subsidiaries. Stakeholders are advised to exercise caution as the financial results for the period have not yet been finalized and may be subject to adjustments.
More about Pine Technology Holdings Limited
Pine Technology Holdings Limited is incorporated in Bermuda and operates in the technology sector. The company is listed on The Stock Exchange of Hong Kong and engages in various technology-related businesses.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €8.93M
Learn more about 1079 stock on TipRanks’ Stock Analysis page.