Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sandmartin International Holdings Limited ( (HK:0482) ) has provided an announcement.
Sandmartin International Holdings Limited has announced a delay in the publication of its 2024 Annual Results and Annual Report, as well as the Environmental, Social, and Governance (ESG) Report, due to procedural issues in the audit process of its overseas subsidiaries. The delay is attributed to the audit process of Pro Brand, a subsidiary, which faced challenges due to personnel losses and a change in audit approach necessitated by business growth in its India operations. Despite these challenges, no substantive accounting issues have been identified, and the company expects to publish the results by late-July 2025. The continued suspension of trading and postponement of the board meeting are also noted, with the company committed to keeping stakeholders informed.
More about Sandmartin International Holdings Limited
Sandmartin International Holdings Limited operates in the electronics industry, focusing on providing electronic components and solutions. The company is involved in the manufacturing and distribution of electronic products, with a market focus that includes international subsidiaries.
Average Trading Volume: 220,036
Technical Sentiment Signal: Sell
Current Market Cap: HK$109.5M
See more data about 0482 stock on TipRanks’ Stock Analysis page.