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Sandmartin International Faces Audit Delays for 2024 Results

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Sandmartin International Faces Audit Delays for 2024 Results

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An announcement from Sandmartin International Holdings Limited ( (HK:0482) ) is now available.

Sandmartin International Holdings Limited has announced a delay in the publication of its 2024 annual results due to audit process issues with its subsidiary, Pro Brand Technology. The delay stems from personnel losses and the need for a more comprehensive audit approach due to business growth in India. Despite these challenges, no serious audit concerns have been identified, and the company is working closely with auditors to resolve the situation, with plans to resume audit work by mid-May 2025.

More about Sandmartin International Holdings Limited

Sandmartin International Holdings Limited operates in the manufacturing industry, primarily focusing on satellite television equipment and antenna products. The company has a significant market presence in regions such as China, the USA, Taiwan, India, and Vietnam, with its subsidiary Pro Brand Technology contributing notably to its operations.

YTD Price Performance: 11.25%

Average Trading Volume: 175,567

Technical Sentiment Signal: Buy

Current Market Cap: HK$109.5M

Learn more about 0482 stock on TipRanks’ Stock Analysis page.

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